Investment Overview
The Village Center is a strong interstate location with over 2,500 feet of frontage along I-64 and 3,500 feet on Route 30 with easy access from Exit 227. It also shares another major intersection with the Stonehouse residential community. In upper James City County, the site is midway between Hampton Roads and Richmond MSAs.
Investment Highlights
- Ownership is now offering the ±80-acre Village Center site at Exit 227 along I-64 at a newly reduced price of $50,000 per acre ($4,000,000 total) - representing a 50% reduction from the original offering.
- The sale of the property at this price is tied to a streamlined closing subject only to (i) satisfactory environmental review and (ii) clear and marketable title.
- This pricing reset creates a compelling opportunity for developers, investors, and buyers seeking 1031 Exchange opportunities.
- Zoning: Special User Permit under the current B-1 Zoning category for General Business District includes retail stores, convenience stores with fuel* (*some uses also require a special use permit), grocery stores, and restaurants.
- Site Access: Located directly off Exit 227 on I-64 with two access points from Route 30