Listing Agency: Commonwealth Commercial Show Phone

Listed By: Ryan Fanelli

Source: Moodyscre

Added: Apr 10, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:50AM

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Investment Insights

Based on property information with market context.

This property features approximately 48 parking spaces situated on approximately 0.3228 acres. Located in the historic Jackson Ward, the site presents a development opportunity. It is currently income-producing, leased to a local operator through June 30, 2026. The property is zoned RO-2 (Residential-Office).

Key Highlights

• Income producing property leased to local operator through 6/30/26
• Development opportunity awaits
• 48± spaces on 0.3228± AC

Property Analytics

Property Profile

Current Use

Parking lots & garages

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Veterinary Clinic Carpet & Flooring Store Clothing & Fashion Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,021

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in Richmond, VA

6.9% 2019

7.5% 2020

7% 2021

5.2% 2022

4.2% 2023

4.9% 2024

5.7% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this parking lots & garages located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Parking lot & garage - Income-producing parking lot with development potential in historic Jackson Ward.

Where is this parking lot & garage located?

The property is located at 14 W Marshall St Richmond, VA.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Income producing property leased to local operator through 6/30/26; Development opportunity awaits; 48± spaces on 0.3228± AC