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    1500 Commerce Rd Richmond, VA 23224

    For Lease
    $4 SF/Yr ($19,119 /Mo)

    Warehouse space centrally located less than 2-miles from I-95.

    Property size:
    53,985 SF
    Lot size:
    9.44 Acres

    Property Features for 1500 Commerce Rd

    General Information

    Size
    53,985 SF
    Lot size
    9.44 Acres

    Source: Range Commercial Partners Agent Marc Allocca

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

    Overview

    Centrally Located Warehouse Space

    This centrally located warehouse space offers 53985 square feet of industrial property. The property is located less than 2-miles from I-95 and downtown. It features a wet sprinkler system and potential for additional parking or outdoor storage.
    Insight Report Location Intelligence

    Current Use by Public Records

    East Coast Amusements Amusement Machine Supplier Dependable Services Llc Surveyor United Rentals Equipment Rental Agency

    Suggested Use

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

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

    Similar Places Nearby

    Gordon Warehouse, Autobile, Chesapeake Storage

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4303934
    Latitude
    37.5079777

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    FAQs

    What type of property is this?
    Warehouse - Warehouse space centrally located less than 2-miles from I-95.
    Where is this warehouse located?
    The property is located at 1500 Commerce Rd Richmond, VA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Centrally located warehouse space.; - Less than 2-miles from I-95 and downtown.; - Potential for additional parking/outdoor storage.
    (804) 426-5888
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    1500 Commerce 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
    1500 Commerce Rd Richmond, VA 23224
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