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    1591 Darbytown Rd Richmond, VA 23231

    Sponsored
    For Sale
    $675,000

    1.86 Acres, 8 Parcels, Mixed-Use Potential

    Property size:
    2,255 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1.86-acre property in Richmond, VA, presents a unique development opportunity. The site comprises eight contiguous parcels, strategically located on Darbytown Road and accessible from two roads and an alley, forming a convenient rectangular shape. The property boasts 2,255 square feet of existing building space across two lots with existing houses, and all utilities are readily available at the street. The land is zoned M1, allowing for a wide range of uses, including those permitted under B1, B2, and R6 zoning classifications. Permitted uses are extensive and include, but are not limited to: places of worship, townhouses (up to 12 units per acre), multifamily dwellings (up to 19.8 units per acre), assisted living facilities, nursing homes, continuing care facilities, retail establishments, service businesses, recreational facilities, warehouses, manufacturing facilities, microbreweries, car washes, shopping centers, animal hospitals, and kennels. This versatile zoning and the property's size and configuration make it ideal for a variety of mixed-use developments. The address encompasses 00 Acton St and 1591, 1593, 1595, 1597, 1599, and 00 Darbytown Rd. This is a rare opportunity to acquire a substantial assemblage of land in a desirable Richmond location with significant development potential. The asking price is $675,000.

    Property Features for 1591 Darbytown Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,255 SF
    Lot Size
    70,132 SF

    Building Details

    Year Built
    1938
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    HENRICO
    State
    Virginia
    Longitude
    -77.38712
    Latitude
    37.50817

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    FAQs

    What type of property is this?
    Commercial real estate - 1.86 Acres, 8 Parcels, Mixed-Use Potential
    Where is this commercial real estate located?
    The property is located at 1591 Darbytown Rd Richmond, VA.
    What is the asking price?
    The asking price for this property is $675,000.
    (804) 349-5788
    Request Owner's contact information
    1591 Darbytown Rd Richmond, VA 23231
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    Richmond, VA 23231
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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
    1591 Darbytown Rd Richmond, VA 23231
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