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    1916 W Main St Richmond, VA 23220

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    For Sale
    Contact for pricing

    Half-acre parking lot in Richmond's Fan District.

    Property size:
    13,478 SF
    Lot size:
    0.71 Acres

    Property Features for 1916 W Main St

    General Information

    Size
    13,478 SF
    Lot size
    0.71 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Douglas Tice, III

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

    Overview

    Prime Fan District Parking Lot

    This property includes two separate tax parcels situated along a primary urban transportation corridor with a traffic volume of 10,000 vehicles per day. It is zoned UB-PO3 (Urban Business) within the Uptown W. Main node of Richmond's Fan District. A rare half-acre parking lot is included. The property, totaling 13,478 square feet, is well-maintained and in good overall condition. It will be delivered at closing as vacant and in as-is condition. The zoning information is available via a provided link. The property can be used for parking, automotive, or retail purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Oldest House in Richmond Historical Landmark

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Similar Places Nearby

    Zipcar, U-Haul Moving & Storage of Lombardy at Vcu, Propane Refill at U-Haul, U-Box at U-Haul, Q&T rental car

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4260391
    Latitude
    37.5320928

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    FAQs

    What type of property is this?
    Parking lot & garage - Half-acre parking lot in Richmond's Fan District.
    Where is this parking lot & garage located?
    The property is located at 1916 W Main St Richmond, VA.
    What are key features of this property?
    This property features: - Rare 1/2-acre parking lot included.; - Located along a primary urban transportation corridor (10,000 VPD).; - Zoned UB-PO3 (Urban Business) in the Uptown W. Main node of Richmond's Fan District.
    (804) 690-5573
    Request Owner's contact information
    1916 W Main St Richmond, VA 23220
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    Richmond, VA 23220
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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
    1916 W Main St Richmond, VA 23220
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