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    7036 Forest Hill Ave Richmond, VA 23225

    Sponsored
    For Sale
    Pending
    $1,100,000

    Commercial/Industrial - Richmond, VA

    Lot size:
    0.69 Acres
    Days on Market:
    31
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 7036 Forest Hill Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Lot size
    0.69 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Long & Foster Real Estate (888) 536-0216

    Listing agent James Strum (888) 536-0216

    Listing date Dec 6, 2025

    MLS# 2523667 Listing URL

    Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Richmond Commercial Investment Opportunity

    Located in Richmond, Virginia, this commercial property is zoned B-2, Community Business District, which is intended to accommodate a variety of business, office, and service uses that serve community needs and are located on major roadways. This zoning allows for a mix of uses that would support local residents and businesses. The property is 5000 square feet and includes a parking lot. A tenant is currently in place with a lease extending to mid 2027. The property is located on Forest Hill Avenue, minutes from downtown Richmond, and surrounded by anchored tenants in both shopping centers and stand-alone buildings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Virginia ABC State Liquor Store

    Suggested Use

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

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

    Similar Places Nearby

    Shops At Stratford Hills, Quick-Tag, Stratford Hills Shopping Center, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.5256467
    Latitude
    37.5379922

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    FAQs

    What type of property is this?
    Shopping center - Commercial property in Richmond, VA with tenant in place.
    Where is this shopping center located?
    The property is located at 7036 Forest Hill Ave Richmond, VA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - B-2 Zoning offers versatility for business, office, and service uses.; - Located on Forest Hill Ave, convenient to downtown Richmond.; - Longstanding tenant provides steady income through mid-2027.
    (888) 536-0216
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    Richmond, VA 23225
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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
    7036 Forest Hill Ave Richmond, VA 23225
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