16-59A 5326 Zachary Taylor Highway Mineral, VA $ 250,000
16-59A 5326 Zachary Taylor Highway
$ 250,000
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16-59A 5326 Zachary Taylor Highway

Mineral, VA, 23117
$ 250,000
Baths0.0

Monthly Estimate*

$ 1,662

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Studio

Lots and Land for sale in Mineral, VA

for $250,000. The lot size is 3.8.

3.798 Acres of A2 zoned land with commercial potential, located .3 miles from the 522/208 Intersection with a VDOT approved roundabout in the works, and adjacent to Louisa's Waste Transfer Station. Located just north of the intersection of Rt. 208 and Rt. 522 in Wares Crossroads, this property boasts excellent road frontage and visibility, making it an ideal location for capitalizing on the development potential at Lake Anna. The total property consists of two parcels totaling 20.5 Acres of land on both sides of Zachary Taylor highway that can be sold or leased together or separately offering further expansion possibilities or complementary development options. 16-59 is 16.701 Acres of C2 zoned land with approved plans for Boat & RV Storage. With over 389' 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. There is demand for grocery, convenience, gas, food service, medical and neighborhood retailers. 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.

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Lots and Land Contingent

Price

$ 250,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 287

Style

Land/Lot Only

Lot Size

3.8

Town/City

Mineral

County/Region

Louisa

MLS | Web ID

VALA2004886

Features
General
Sewer No Sewer System Other
Possession Settlement
Zoning A2
Property SubType Land
Tax Year 2022
Current Use Land/Lot Only
Percent Ownership Fee Simple
County LOUISA
Property Type Land
HOA / Comm Assn N
Possible Use Agriculture Automotive Bed & Breakfast Beer/Wine/Liquor Camp Ground(s) Car Wash Church Commercial Convenience Store Clothing Day Care Drive-Thru Driving Range Florist/Nursery Food & Beverage Funeral
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions Located at Lake Anna approximately .3 miles from the intersection of Rt 208 and 522 with a VDOT approved roundabout on the way. Take Route 1 South to Rt 208. Right onto 522 (Zachary Taylor Highway).
City MINERAL
Buyer Agent Compensation 3
Lot Size Square Feet 165441.00
Waterfront Y/N N
Street Name ZACHARY TAYLOR HIGHWAY
Tax Annual Amount 287.0
Clean Green Assessed Y/N N
Price Per Sq Ft 1.51
Additional Parcels Y/N N
Vacation Rental Y/N N
Days on Market 72
Standard Status Active Under Contract
Tax Lot 59A
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source None
Water View Y/N N
Lot Size Acres 3.80
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 16
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* Excluded Features
List By
Coldwell Banker Elite

Broker

agraves@coldwellbankerelite.com

Email

Affordability Calculator

$1,685
Per Month
99%
1%
0%
Monthly Principal & Interest
$1,662
Monthly Property Taxes
$24
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533390 Elementary School
3534008 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/11/2023$250,000 Listed Price

Map


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16-59A 5326 Zachary Taylor Highway, Mineral, VA, 23117 is a Lots and Land for sale at $250,000 with a lot size of 3.8. 16-59A 5326 Zachary Taylor Highway is a studio with 0.0 baths. The property's zip code is 23117 which is in Mineral, VA