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Walmart I95 Outparcel

301 Market Drive : Emporia, VA 23847

Greensville County, Virginia

1.26 Acres
Land Auction
August 11, 2021 12:00 PM
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Land Description

Walmart I-95 Adjacent Outparcel - Emporia, Va

Marketplace Online Auction August 9-11, 2021

Investment Highlights

±1.257 AC Walmart outparcel with prime visibility on I-95 exit 11 with ±37K Vpd

Nearby traffic driving tenants include Food Lion, Family Dollar, Arby's, Burger King, Hardees, Aaron's and several national hotels/restaurants

Zoned C-2, Commercial allowing for flexible commercial uses

Absolute $1 Auction - NO Reserve

Offering Details

CBRE and RealINSIGHT Marketplace are pleased to present a ±1.257 AC land parcel located at 301 Market Drive in Emporia, Virginia (the “Property”). This Walmart outparcel offers investors a well-situated development opportunity with highway frontage and First BID Meets Reserve.

The Property consists of a ±1.257-Acre Walmart outparcel with highway frontage and is positioned within Emporia Commons, a ±35,000 SF retail shopping center. Co-tenants within Emporia Commons include Walmart, Aarons, Atlantic Union Bank, Cricket, H&R Block, Pizza Hut, and several regional retailers. Other nationally recognized tenants surrounding the Property are Food Lion, Family Dollar, Hibbett Sports, Arby's, Taco Bell, Burger King, Hardees, Fairfield Inn, Five Guys, Days Inn, Hampton Inn, Cvs, and many others. Zoned C-2, Commercial District, this commercial development site offers favorable flexible zoning that allows for a variety of uses. The Property offers potential investors the ability to acquire raw land with significant value-add through development and long-term lease up.

Emporia is an independent city in Virginia, surrounded by Greensville County located approximately 60 miles south of Richmond at the intersection of I-95 and State Route 58. Perched on the fall line of the Coastal Plain, the City of Emporia has historically been a commercial hub in Southside Virginia. Emporia is considered the southern gateway to Virginia located 8 miles from the North Carolina state line, it is the first municipality on I-95 heading into Virginia. The Property benefits from its strategic location on I-95 near the intersection of State Route 58 with combined traffic counts of ±54,000 vehicles per day. The Property serves an expanded 15-mile trade area with 26,656 individuals with an average household income of $55,236.

Also available from this seller:

Walmart Outparcel - Bennettsville, SC 1.25 Ac

Walmart Outparcel - Bennettsville, SC 1.1 Ac

Walmart Outparcel 24K VPD - Louisville, KY 1.62 Ac

Auctioneer:

Lamar P. Fisher

Fisher Auction Company Inc.

License: Co:

Land Maps & Attachments

More Land Details

Commercial Zoning
AUCTIONFLIP ID
285171
Posted on AUCTIONFLIP
10 Days Ago
Last Updated
7 Days Ago
Views
8
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