Listed by Coldwell Banker Commercial Brooks Real Estate
$625,000
15550 Warwick Blvd
Details
APN 063000121
Property Type Land
Sub Type Commercial, Other
Broker Co-Op Yes
Acreage 0.570
Zoning C-1
Land | 0.57 acres
Marketing description
This commercial parcel, .57+/- acre (24,744 SF) is C-1 zoned, retail commercial, is a corner lot that offers strong development potential at the signalized intersection of Warwick Boulevard and Merry Oaks Drive. The site allows building heights up to 40 feet and benefits from favorable setbacks for a corner parcel, providing flexibility for efficient site design. Most retail and service uses are permitted by right, including restaurants, convenience stores without gas, medical and veterinary services, child day care centers, and auto parts retail, with drive-thru facilities also permitted by right. Located directly across from the Merry Oaks Shopping Center, adjacent to a 45-key Motel 6, and neighboring several national retailers, the immediate surrounding area has a high residential roof top count, the 3-mile population exceeding 59,000. There is convenient access to Fort Eustis Gate 2, making it well suited for high-traffic retail, service, or quick-service restaurant development.
Investment highlights
Signalized corner lot at Warwick Blvd and Merry Oaks Drive offering prime visibility.
Multiple ingress/egress points from Warwick Blvd and Merry Oaks Drive.
Directly across from the Merry Oaks Shopping Center in a proven retail corridor.
Surrounded by national brands including McDonald’s, Taco Bell, Wendy’s, Little Caesars, and 7-Eleven.
Adjacent to a 45-key Motel 6 and adjacent to Fort Eustis Gate 2 at Shellabarger Drive.
Dense residential trade area with a 3-mile population exceeding 59,000 residents.
Listing Contacts
Listed by Coldwell Banker Commercial Brooks Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Brokerage Address
Is there information that looks off?
