2.01 Acres Lot
2.01 Acres Lot
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID VACU2010264
Originating Board BRIGHT
Available Date 2025-04-15
Annual Tax Amount $1,179
Tax Year 2024
Lot Size 2.007 Acres
Acres 2.01
Lot Dimensions 0.00 x 0.00
Property Sub-Type Land for Commercial Use
Property Description
SITE PLAN: The previously approved site plan featured a 10,500 sq. ft. structure and a 2,520 sq. ft. drive-thru bank. Updated site plan approval to be completed shortly. Utilities are available, with some infrastructure already in place. The site has operational 400A electrical service, and four overhead light poles with updated LED fixtures illuminate the property on a timer. A recent survey has been completed.
EXISTING INFRASTRUCTURE FOR FINISHED PAD SITE has an estimated $950k value in infrastructure in place featuring a fully build-ready parcel equipped with a dedicated water retention pond and runoff diversion system. The site includes two storm drains connected to 15” laterals, which feed into a 21” lateral and then into the retention pond. Extensive site work has already been completed, including a partially paved drive-thru and over 50 dedicated parking spaces. Nearly all curb, gutter, and other site work has been finished, expediting redevelopment.
IN PLACE NOI WITH FOOD TRUCK PARK is currently generating approximately $70k in net annual income with room for further growth. A popular food truck court on the property has over 5,400 followers, with its fanbase expanding daily.
FAST GROWTH in the surrounding area is undergoing large-scale development, with over 700 homes planned across the street (about 350 of which are complete) and an additional 400 homes in the planning stage directly behind the parcel. Additionally, a large 1M+ sq. ft. retail center is under development nearby, including a full-service grocery store. The property is located at a major signalized intersection with two separate entrances, offering prime development potential with extensive road frontage and visibility to over 22,000 vehicles per day and growing
Location
State VA
County Culpeper
Zoning CS
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Garage Spaces 32.0
Water Access N
Accessibility None
Total Parking Spaces 32
Garage N
Building
Sewer No Sewer System
Water None
New Construction Y
Schools
School District Culpeper County Public Schools
Others
Tax ID 2 24A
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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devin@innovationproperties.com
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