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    6941 Forest Hill Ave Richmond, VA 23225

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    For Lease
    Contact for pricing

    Retail spaces available in future development on Forest Hill Avenue.

    Property size:
    30,000 SF
    Lot size:
    4.05 Acres

    Property Features for 6941 Forest Hill Ave

    General Information

    Size
    30,000 SF
    Lot size
    4.05 Acres

    Source: Cushman & Wakefield | Thalhimer - Corporate Agent Jim Ashby

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

    Overview

    Retail Space on Forest Hill

    This property represents a future development with outparcels available on Forest Hill Avenue. A 5,100 square foot space formerly occupied by O’Charley’s is available. Additional spaces ranging from 1,600 to 11,000 square feet are also available. Furthermore, 1,100 and 1,600 square foot spaces fronting Forest Hill Avenue are available. Pylon signage is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    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
    -77.5233088
    Latitude
    37.5370214

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    FAQs

    What type of property is this?
    Strip mall - Retail spaces available in future development on Forest Hill Avenue.
    Where is this strip mall located?
    The property is located at 6941 Forest Hill Ave Richmond, VA.
    What are key features of this property?
    This property features: - Outparcels available on Forest Hill Avenue; - Pylon signage; - 1,600 SF up to 11,000 SF Available
    (804) 539-1431
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    Richmond, VA 23225
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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
    6941 Forest Hill Ave Richmond, VA 23225
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