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    2678-2720 New Market Rd Henrico, VA

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    For Sale
    $1,300,000

    High-visibility land with utilities, near major routes and amenities.

    Lot size:
    4.71 Acres

    Property Features for 2678-2720 New Market Rd

    General Information

    Lot size
    4.71 Acres

    Source: Taylor Long Properties Agent Robert Marshall

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

    Overview

    Prime Commercial Land For Sale

    This commercial land offers a high-visibility location with 562 feet of direct frontage on New Market Road. Water and sewer are available on site. The property is situated on the Virginia Capital Trail, a 50-mile paved bike and walking trail on New Market Road (Route 5), which sees over 25,000 bikes per year. It provides easy access from I-895 and I-295. The location is in close proximity to numerous residential subdivisions (both existing and proposed), Richmond International Airport, and Downtown Richmond. The site is positioned to join established retailers such as Food Lion, Walgreens, and Dollar General at this future commercial location.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Henrico
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.6421577
    Latitude
    37.59161

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    FAQs

    What type of property is this?
    Commercial land - High-visibility land with utilities, near major routes and amenities.
    Where is this commercial land located?
    The property is located at 2678-2720 New Market Rd Henrico, VA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - High visibility with **562 feet of direct frontage on New Market Road.**; - Water and sewer are available on site.; - Easy access from I-895 and I-295.
    (804) 437-4323
    Request Owner's contact information
    2678-2720 New Market Rd Henrico, VA
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    Henrico, VA
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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
    2678-2720 New Market Rd Henrico, VA
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