Mineral, VA 23117,5326 ZACHARY TAYLOR HWY
Mineral, VA 23117,5326 ZACHARY TAYLOR HWY
Mineral, VA 23117,5326 ZACHARY TAYLOR HWY
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$1,875,000
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16.7 Acres Lot
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5326 ZACHARY TAYLOR HWY Mineral, VA 23117

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UPDATED:

08/14/2024 10:31 AM

Key Details

Property Type Vacant Land

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID VALA2005838

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $2,213

Tax Year 2022

Lot Size 16.701 Acres

Acres 16.7

Property Description

This expansive 16.7-acre property presents an outstanding opportunity for commercial development. It is zoned as C2 Commercial and the property benefits from County, DEQ, and VDOT approved engineer plans for boat and RV storage, making it shovel-ready for immediate construction. Additionally, Seller has obtained quotes for the required site work. Located just .3 miles north of the intersection of Rt. 208 and Rt. 522 in Wares Crossroads, with an approved roundabout in the works, this property boasts excellent road frontage and visibility, making it an ideal location for capitalizing on the development potential at Lake Anna.

With over 723' of frontage on Rt 522 where the speed limit changes from 45 to 55MPH, it is an ideal location for capitalizing on the development potential at Lake Anna. The property's location within the Lake Anna Growth Zone, combined with its favorable zoning, presents a unique opportunity for investors or developers seeking to capitalize on the area's commercial growth. With the potential for various commercial ventures, this property offers the flexibility to cater to the growing demands of the Lake Anna community.

Located in Louisa, Orange, and Spotsylvania counties, Lake Anna is one of the largest freshwater inland lakes in Virginia, spanning over 13,000 acres with 225 miles of shoreline. Its proximity to Washington, D.C. (72 miles), Charlottesville, and Fredericksburg, as well as its accessibility from anywhere in Virginia, makes it an easily reachable destination.

For nearly 40 years, Lake Anna has been a popular vacation and second home destination for residents of Virginia, Maryland, and North Carolina. Additionally, the number of full-time residents in the Lake Anna region continues to rise, solidifying it as a permanent home for many individuals and families. Louisa is currently growing at a rate of 2.55% annually and its population has increased by 7.79% since the most recent census in 2020.

The natural beauty and recreational opportunities offered by Lake Anna, such as boating, fishing, swimming, and hiking, contribute to its appeal as a thriving community. Businesses catering to outdoor recreation, water sports, and tourism can flourish in this vibrant environment.

Lake Anna's location, accessibility, and the growing demand for modern conveniences make it an attractive destination for businesses and investors. The supportive business environment, coupled with the area's natural beauty and quality of life, create a favorable climate for business growth and economic development.

Lake Anna is a growing community with a significant increase in business activity in recent years. The rise in population growth and demand has led to the arrival of more modern conveniences and amenities on a daily basis.

By becoming a part of the Lake Anna business scene, businesses can tap into a growing market, benefit from the region's natural attractions, and contribute to the ongoing development of this flourishing community.

Location

State VA

County Louisa

Zoning C2

Exterior

Water Access N

Garage N

Building

Sewer Septic Exists

Water Well

Schools

High Schools Louisa County

School District Louisa County Public Schools

Others

Tax ID 16 59

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Allison S Graves • Coldwell Banker Elite

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Azieza Kazlak

REALTOR® | License ID: 1751218

+1(201) 705-0103

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5326 ZACHARY TAYLOR HWY