Corporate Surplus - 1.27+/- Acres Zoned B-3C on W. Broad St Glen Allen, VA

Originally acquired for a Land Rover dealership, the superbly located +/-1.27 acre site is 0.1 mile from the I-64 interchange, next door to Wawa and two doors east of CarMax! Desirable B-3C zoning offers many exciting possibilities, including drive-through and sit down restaurant, car sales, general retail, office, hotel and food market/convenience store. Car wash permitted as provisional use.

Features include:

• Shared access from W. Broad already installed
• All utilities proximate to the site
• Extensive engineering studies available
• Huge traffic counts: 34,000 VPD at Cox Rd, 39,000 VPD at I-64

Parcel ID#: 746-760-6689
2022 Tax Assessment: $369,400
2022 Annual Taxes: $3,213.78


Please be sure to download the Property Information Package by clicking on the words above under “DOCUMENTS.” By downloading this package you will alert Tranzon to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction. A signed Confidentiality Agreement is required to download.

VAAF423

Directions:

The Property is located 0.1 mile from the I-64 interchange, immediately east of CarMax.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Bill Londrey CAI

Bill Londrey CAI: Tranzon Fox

804-513-0544 blondrey@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 10% Buyers Premium based on the high bid.
• Closing: 40-Day closing, sold in As-Is condition, no contingencies.
• Deposit Amount: High bidder is required to execute a Contract for Sale and Purchase of Real Estate and remit to Tranzon by close of business the day of the auction. A 10% deposit is due within 24 hours of being notified that you are the successful high bidder.
• Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.