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    5201 Chippenham Crossing Ctr Richmond, VA 23234

    For Lease
    Contact for pricing

    43,657 SF former grocery store in excellent condition.

    Property size:
    43,675 SF
    Lot size:
    12.19 Acres

    Property Features for 5201 Chippenham Crossing Ctr

    General Information

    Size
    43,675 SF
    Lot size
    12.19 Acres

    Source: The Shopping Center Group | Richmond Agent David Andrews

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Grocery Store Available

    A 43,657 square foot former Martin's grocery store is available for rent. The building is in excellent physical condition and ready for occupancy. It is located adjacent to Swim RVA, a 54,000 square foot regional aquatic facility featuring a US Olympic trials pool, and also adjacent to the Richmond Kickers / Ukrop's Park & Mary Stratton Park, a 45-plus acre state-of-the-art sports complex. Traffic counts are approximately 55,000 AADT on Chippenham Parkway and 33,000 AADT on Iron Bridge Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4910751
    Latitude
    37.450486

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    FAQs

    What type of property is this?
    Grocery and convenience store - 43,657 SF former grocery store in excellent condition.
    Where is this grocery and convenience store located?
    The property is located at 5201 Chippenham Crossing Ctr Richmond, VA.
    What are key features of this property?
    This property features: - 43,657 sf former martins grocery store available.; - Building is in excellent physical condition and ready for occupancy.; - **Adjacent to Swim RVA, a 54,000 sf regional draw aquatic facility featuring US Olympic Trials pool.**
    (804) 673-1100
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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
    5201 Chippenham Crossing Ctr Richmond, VA 23234
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