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Chesapeake Way - Kilmarnock Heights 32.22 Acres of Commercial Land Offered at $2,028,226 CAD in Kilmarnock, VA 22482

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Executive Summary

32± Acres located in Kilmarnock
Zoned R-2 which allows for 8 dwelling units per acre with a variety of product type
Concept plan shows 120 townhomes
Located at the end of Chesapeake Way, adjacent to Walmart anchored retail
Public water and sewer lines located at property entrance
Site has been cleared, but not grubbed
Sale Price: $1,440,000

308 Meriwood Farm Road

Property Facts

Price	$2,028,226 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Multifamily Single Family Development
No. Lots	1	Total Lot Size	32.22 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2 - allows for 8 dwelling units per acre with a variety of product type

Price	$2,028,226 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Single Family Development
Total Lot Size	32.22 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-2 - allows for 8 dwelling units per acre with a variety of product type

1 Lot Available

Lot

Price	$2,028,226 CAD	Lot Size	32.22 AC
Price Per AC	$62,949.27 CAD

Price	$2,028,226 CAD
Price Per AC	$62,949.27 CAD
Lot Size	32.22 AC

Property Taxes

Parcel Number	23-69C	Improvements Assessment	$0 CAD
Land Assessment	$409,103 CAD	Total Assessment	$409,103 CAD

Property Taxes

Parcel Number

23-69C

Land Assessment

$409,103 CAD

Improvements Assessment

$0 CAD

Total Assessment

$409,103 CAD

(804) 793-0055

Contacts

Brent Altaffer
Ryan Fanelli
Commonwealth

Listing ID: 39451918
Date on Market: 2026-02-16
Last Updated:
Address: Chesapeake Way, Kilmarnock, VA 22482

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Chesapeake Way, Kilmarnock, VA for sale Primary Photo- Image 1 of 3 — P1_10 Old Fairgrounds Way

Chesapeake Way, Kilmarnock, VA for sale Building Photo- Image 2 of 3 — P2_10 Old Fairgrounds Way

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