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    4869-4949 Nine Mile Rd Richmond, VA 23223

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    For Lease
    Contact for pricing

    Retail space available in Richmond's East End sub-market.

    Property size:
    3,109 SF
    Lot size:
    9.99 Acres

    Property Features for 4869-4949 Nine Mile Rd

    General Information

    Size
    3,109 SF
    Lot size
    9.99 Acres

    Source: Colliers | Richmond North Agent Harrison Hall

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

    Overview

    Retail Space For Lease

    This retail space for lease is strategically located less than 6 miles from Downtown Richmond in the East End sub-market. The property is situated at the intersection of Laburnum Avenue, which sees 28,000 vehicles per day, and Nine Mile Road, which sees 20,000 vehicles per day. It offers convenient access to I-64, with a traffic volume of 85,000 vehicles per day. The property is surrounded by a dense residential area and a strong daytime population. The property size is 3109 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.3655399
    Latitude
    37.5439863

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    FAQs

    What type of property is this?
    Retail space - Retail space available in Richmond's East End sub-market.
    Where is this retail space located?
    The property is located at 4869-4949 Nine Mile Rd Richmond, VA.
    What are key features of this property?
    This property features: - High traffic location at the intersection of Laburnum Avenue (28,000 VPD) and Nine Mile Road (20,000 VPD); - Convenient access to I-64 (85,000 VPD); - Strategically located less than 6 miles from Downtown Richmond
    (804) 814-5299
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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
    4869-4949 Nine Mile Rd Richmond, VA 23223
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