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    3318 Jefferson Davis Hwy Richmond, VA 23224

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    For Sale
    $789,450

    Auto shop with loyal customer base and latest equipment.

    Property size:
    2,400 SF
    Lot size:
    0.17 Acres

    Property Features for 3318 Jefferson Davis Hwy

    General Information

    Size
    2,400 SF
    Lot size
    0.17 Acres

    Source: Joyner Commercial Agent Newton Carroll

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

    Overview

    Auto Shop with Five Lifts

    This 2,400 square foot property is equipped with five lifts. It benefits from capturing Dupont and Phillip Morris employee commuters and has a loyal customer base and fleet management. The property features the latest equipment and is suitable for auto shops, automotive properties, and retail properties.
    Location Intelligence

    Current Use by Public Records

    The Brake Stop Brake Shop

    Suggested Use

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

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

    Similar Places Nearby

    Legends Motorworks, Legends Motorworks LLC, NTB-National Tire & Battery, J. C. New & Used Tires, Bingo Tires & Auto Services

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4444976
    Latitude
    37.4776677

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    FAQs

    What type of property is this?
    Auto shop - Auto shop with loyal customer base and latest equipment.
    Where is this auto shop located?
    The property is located at 3318 Jefferson Davis Hwy Richmond, VA.
    What is the asking price?
    The asking price for this property is $789,450.
    What are key features of this property?
    This property features: - 5 lifts for efficient service; - Captures Dupont and Phillip Morris employee commuter traffic; - Loyal customer base
    (804) 270-9440
    Request Owner's contact information
    3318 Jefferson Davis Hwy 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
    3318 Jefferson Davis Hwy Richmond, VA 23224
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