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    10605-10607 Patterson Ave Richmond, VA 23238

    For Lease
    Contact for pricing

    Retail space with high visibility on a heavily traveled avenue.

    Property size:
    450 SF
    Lot size:
    4.69 Acres

    Property Features for 10605-10607 Patterson Ave

    General Information

    Size
    450 SF
    Lot size
    4.69 Acres

    Source: The Wilton Companies Agent Doug Mallory

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

    Overview

    Retail Space on Patterson Avenue

    This retail space is located on Patterson Avenue, a heavily traveled four-lane divided state highway running east and west from the city of Richmond through Henrico to Goochland County, offering tenants maximum exposure. The property includes 450 square feet of retail space. Current retail and office tenants include Canterbury Veterinary, Maid Pro, Edward Jones & Co., Amethyst Healing Arts, Zen Studio, Precision Print & Copy, and Taboo. There are 61 free surface parking spaces available.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -77.608589
    Latitude
    37.59641

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    FAQs

    What type of property is this?
    Strip mall - Retail space with high visibility on a heavily traveled avenue.
    Where is this strip mall located?
    The property is located at 10605-10607 Patterson Ave Richmond, VA.
    What are key features of this property?
    This property features: - High-exposure location on heavily traveled Patterson Avenue.; - Diverse mix of retail and office tenants already in place.; - Ample free surface parking with 61 spaces.
    (804) 363-5072
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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
    10605-10607 Patterson Ave Richmond, VA 23238
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