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    5221 Brook Rd Richmond, VA 23227

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    For Lease
    Contact for pricing

    41,117 SF former Walmart, excellent location and visibility.

    Property size:
    41,117 SF
    Lot size:
    6.01 Acres

    Property Features for 5221 Brook Rd

    General Information

    Size
    41,117 SF
    Lot size
    6.01 Acres

    Source: Colliers | Richmond North Agent Rob Black

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

    Overview

    Freestanding Retail Building on 6.24 Acres

    The property is a 41,117 square foot freestanding building situated on a 6.24-acre lot. Formerly a Walmart Neighborhood Market, the building benefits from its location on the northside, serving the neighborhoods of Ginter Park, Lakeside, and Westminster Canterbury. The property has multiple points of ingress and egress and offers outstanding visibility. It is easily accessible to I-95, which sees 118,000 vehicles per day. The zoning is B-3. Note that the fueling station will be removed.
    Location Intelligence

    Current Use by Public Records

    Walmart Home Services Home Help Service Agency Wawa Gas Station Gas Station Walmart Baby & Nursery ... Family Service Center Walmart Drive Thru ... Medical Laboratory Walmart House Cleaning ... House Cleaning Service

    Suggested Use

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

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

    Similar Places Nearby

    Wally's Supermarket, Dining Hall - Virginia Union University

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.45366
    Latitude
    37.602631

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    FAQs

    What type of property is this?
    Grocery and convenience store - 41,117 SF former Walmart, excellent location and visibility.
    Where is this grocery and convenience store located?
    The property is located at 5221 Brook Rd Richmond, VA.
    What are key features of this property?
    This property features: - 41,117 SF freestanding building on 6.24 acres offers significant space and development potential.; - Easily accessible to I-95 with high traffic volume (118,000 VPD) ensures excellent exposure.; - B-3 Zoning provides flexible usage options.
    (804) 320-5500
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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
    5221 Brook Rd Richmond, VA 23227
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