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    3303 Park Ave Richmond, VA 23221

    Sponsored
    For Sale
    Pending
    $1,200,000

    LAND - Richmond, VA

    Lot size:
    0.22 Acres
    Days on Market:
    91
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 3303 Park Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    W000-1518-016
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Richmond Equity Ventures, LLC (804) 282-5901 [email protected]

    Listing agent John Pace (804) 282-5901 License #0225091878

    Listing date Oct 7, 2025

    MLS# 2505788 Listing URL

    Copyright © 2025 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity in Museum District

    This property presents a development opportunity in the heart of the Museum District. The 0.22-acre lot comes with city-approved plans, streamlining the development process. Its location on Park Avenue provides access to dining, shopping, and entertainment options, including the Virginia Museum of Fine Arts, The Fresh Market, and Cary Street. This property offers a path to bring new homes to an in-demand area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.479006
    Latitude
    37.562097

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    FAQs

    What type of property is this?
    Land - City-approved development plans in Richmond's sought-after Museum District.
    Where is this land located?
    The property is located at 3303 Park Ave Richmond, VA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - City-approved development plans included, saving time and money.; - Prime location in the highly desirable Museum District.; - Turnkey development opportunity for immediate construction.
    (804) 312-8192
    Request Owner's contact information
    3303 Park Ave Richmond, VA 23221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3303 Park Ave Richmond, VA 23221
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