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    4415 S Laburnum Ave Henrico, VA

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    For Lease
    $4,500,000

    Former restaurant space available for lease, sale, or ground lease.

    Property size:
    7,189 SF
    Lot size:
    1.81 Acres

    Property Features for 4415 S Laburnum Ave

    General Information

    Size
    7,189 SF
    Lot size
    1.81 Acres

    Source: CBRE | Richmond Agent Pam Strieffler

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

    Overview

    Restaurant Space on Laburnum Avenue

    The property at 4115 S Laburnum Avenue is a 7,189 square foot space formerly occupied by a Red Lobster. It is suitable for use as a full-service restaurant. The property is available for sale, lease, or ground lease. Situated on Laburnum Avenue, the location benefits from high visibility, with over 32,000 vehicles passing by daily. The property is subject to the White Oak Village Operating Agreement/ECCR.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.6421577
    Latitude
    37.59161

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant space available for lease, sale, or ground lease.
    Where is this restaurant located?
    The property is located at 4415 S Laburnum Ave Henrico, VA.
    What are key features of this property?
    This property features: - High visibility location on Laburnum Avenue with over 32,000 VPD; - 7,189 SF full-service restaurant space, formerly a Red Lobster; - Located in White Oak Village
    (804) 201-2036
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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
    4415 S Laburnum Ave Henrico, VA
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