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    1205 25Th St Richmond, VA 23223

    Sponsored
    For Sale
    $175,000

    Prime Richmond location, redevelopment potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.05-acre lot at 1205 N 25th Street in Richmond, Virginia presents a unique investment opportunity in the vibrant North Church Hill neighborhood. Boasting 17 feet of frontage on the bustling 25th Street commercial corridor, this property benefits from high visibility and pedestrian traffic. Its strategic location places it just one block south of the 25th Street Market and Apartments at Nine Mile Road, ensuring convenient access to a diverse customer base. The Medical College of Virginia (MCV) and Virginia Commonwealth University (VCU) are a short 1.2-mile distance to the west, further enhancing the property's appeal. Adding to its convenience, a commuter stop is situated directly in front of the lot, providing easy access to the planned MCV switching station and the broader Metro Richmond transportation network. All essential utilities are readily available, including sidewalks, streetlamps, public water, and sewer. The lot's dimensions and zoning regulations allow for mixed-use development, making it suitable for a variety of commercial ventures. The property is particularly well-suited for food trucks, offering a convenient and high-traffic location for mobile food businesses. This is an exceptional opportunity to acquire a strategically located lot in a rapidly growing area of Richmond. The asking price is $175,000.

    Property Features for 1205 25Th St

    General Information

    Property type
    Retail properties
    Lot Size
    2,178 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -77.41098
    Latitude
    37.53937

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    FAQs

    What type of property is this?
    Retail property - Prime Richmond location, redevelopment potential.
    Where is this retail property located?
    The property is located at 1205 25Th St Richmond, VA.
    What is the asking price?
    The asking price for this property is $175,000.
    (804) 349-5788
    Request Owner's contact information
    1205 25Th St Richmond, VA 23223
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    Richmond, VA 23223
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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
    1205 25Th St Richmond, VA 23223
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