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    821 Hull Street Rd Richmond, VA 23224

    Sponsored
    For Sale
    $1,645,000

    Prime .62-acre lot in vibrant Richmond.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional .62-acre commercial property presents a unique development opportunity in Richmond, Virginia's thriving Manchester neighborhood. Situated at the intersection of Hull Street (Route 360) and Commerce Road, this location benefits from high foot and vehicle traffic, ensuring excellent visibility and accessibility for any commercial venture. The property's strategic placement within the rapidly evolving Manchester area offers significant potential for growth and profitability. Manchester itself is a dynamic and historically rich community that has undergone a remarkable transformation, blending historic charm with modern amenities. Its proximity to downtown Richmond (just 5 minutes away) provides easy access to the city's core while maintaining a strong sense of neighborhood identity. The area boasts a dense population, a vibrant mix of local businesses and restaurants, and access to cultural events, parks, and the James River, creating a highly desirable environment for both residents and businesses. This site is ideal for a variety of uses, including commercial development, residential projects, or a mixed-use development, catering to the area's diverse needs and growing population. The high traffic volume and prime location make this an exceptional investment opportunity in a community poised for continued success. Don't miss this chance to be a part of Manchester's exciting future.

    Property Features for 821 Hull Street Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    27,007 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.44166
    Latitude
    37.52292

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    FAQs

    What type of property is this?
    Commercial real estate - Prime .62-acre lot in vibrant Richmond.
    Where is this commercial real estate located?
    The property is located at 821 Hull Street Rd Richmond, VA.
    What is the asking price?
    The asking price for this property is $1,645,000.
    (804) 266-8831
    Request Owner's contact information
    821 Hull Street Rd Richmond, VA 23224
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    Richmond, VA 23224
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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
    821 Hull Street Rd Richmond, VA 23224
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