Three-Property Industrial
For Sale
Contact for pricing
Pending
1003 Commerce Rd, Richmond, VA 23224
Three existing properties are offered together near Commerce Road and Dinwiddie Avenue in Richmond’s Oak Grove neighborhood.
Property SizeContact for details
Days on Market144
Property Features for 1003 Commerce Rd
General Information
Standard status
Pending
Property subtype
Land, Industrial
Listing Agency:
One South Commercial
(804) 266-8831
Listed By:
Tom Rosman · License #VA 0225030879
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 3:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One South Commercial
Investment Insights
Based on property information with market context.
This portfolio includes three industrial properties that must be acquired together, with a combined 319,000 square feet of gross building area. The sites are currently used for industrial purposes, supporting continued industrial occupancy or operations.
Located near the intersection of Commerce Road and Dinwiddie Avenue in Richmond’s Oak Grove neighborhood, the properties are also identified for potential redevelopment, subject to rezoning approval. Multifamily redevelopment has occurred in nearby Manchester, providing a documented local precedent for the proposed direction.
Located near the intersection of Commerce Road and Dinwiddie Avenue in Richmond’s Oak Grove neighborhood, the properties are also identified for potential redevelopment, subject to rezoning approval. Multifamily redevelopment has occurred in nearby Manchester, providing a documented local precedent for the proposed direction.
Key Highlights
- Three industrial properties offered only as a combined portfolio
- 319,000 square feet of gross building area across the properties
- Currently used for industrial purposes
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 23224, VA
39,468
Population
18,201
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
80%
High-School Grad
11.6 sq mi
ZIP Area
3,402
Density / Sq Mi
$49,263
Median Household Income
$36,275
Median Earnings
$1,268
Median Rent
$189,200
Median Home Value
Market
Vacancy Rate% for Industrial in Richmond, VA
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Frequently Asked Questions
What type of property is this?
Industrial property - Three existing properties are offered together near Commerce Road and Dinwiddie Avenue in Richmond’s Oak Grove neighborhood.
Where is this industrial property located?
The property is located at 1003 Commerce Rd Richmond, VA.
What are key features of this property?
This property features: Three industrial properties offered only as a combined portfolio; 319,000 square feet of gross building area across the properties; Currently used for industrial purposes
