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    201-213 W Commerce Rd Richmond, VA 23224

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    For Sale
    Contact for pricing

    Strategically located land with flexible zoning and high visibility.

    Lot size:
    1.00 Acre

    Property Features for 201-213 W Commerce Rd

    General Information

    Lot size
    1.00 Acre

    Source: Commonwealth Commercial Agent Kit Tyler

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

    Overview

    Richmond Land with Panoramic Views

    This 1-acre parcel is zoned B-4 (Downtown Central Business District), the most flexible zoning within the City of Richmond, with no height restrictions. It allows for multi-family, mixed-use, hotel, and office developments. The land is strategically located at the gateway entrance to Manchester, offering high visibility along W. Commerce Road. It qualifies for the Federal Opportunity Zone Program and is within the City of Richmond’s Enterprise Zone. The site offers spectacular panoramic views of the James River and Richmond’s downtown skyline. The James River Park System, which attracts over 2 million visitors per year, is nearby. This site is situated along the Fall Line Trail, a new $266.5 million 43-mile North-South regional multi-modal trail from Ashland to Petersburg.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4425541
    Latitude
    37.5248955

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    FAQs

    What type of property is this?
    Land - Strategically located land with flexible zoning and high visibility.
    Where is this land located?
    The property is located at 201-213 W Commerce Rd Richmond, VA.
    What are key features of this property?
    This property features: - Zoned B-4 (Downtown Central Business District) with no height restrictions, allowing for multi-family, mixed-use, hotel, office, etc.; - 1± acre strategically located at the gateway entrance to Manchester with high visibility.; - Spectacular panoramic views of the James River and Richmond’s downtown skyline.
    (804) 346-4966
    Request Owner's contact information
    201-213 W Commerce Rd 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
    201-213 W Commerce Rd Richmond, VA 23224
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