Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    7306 Cosby Village Rd Chesterfield, VA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in a mixed-use development near Publix.

    Type:RETAIL
    Property size:
    1,200 SF
    Lot size:
    9.30 Acres
    Added:
    Jan 23, 2023
    Days on Market:
    1200
    Last Refresh:
    Apr 5 at 11:26 pm

    Property Features for 7306 Cosby Village Rd

    General Information

    Standard status
    Active
    Size
    1,200 SF
    Lot size
    9.30 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 7306 Cosby Village Rd Contact us

    We can help!

    Listing Contact
    David Crawford

    Listing agent David Crawford

    Listing office Cushman & Wakefield | Thalhimer - Corporate

    Listing date Jan 23, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Thalhimer - Corporate

    HighLights

    • Join Publix in the Heart of Chesterfield
    • Dynamic location in fastest growing residential area in Richmond
    • 35,000 VPD – Hull Street Road (Route 360)
    • Mixed use development featuring over 500 residential units
    • Great access from Hull Street & Otterdale Roads
    • Retail buildings and outparcels

    Overview

    Retail Space Near Publix

    This retail space is located in a dynamic area experiencing rapid residential growth in Richmond. The property benefits from high traffic volume, with approximately 35,000 vehicles per day on Hull Street Road (Route 360). It is part of a mixed-use development that includes over 500 residential units, retail buildings, and outparcels. The property offers convenient access from both Hull Street and Otterdale Roads. The property size is 1,200 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Building Supply Hotel & Motel Food Market Accounting Firm Storage Facility HVAC Service Grocery & Convenience Store Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.6054
    Latitude
    37.3602

    Nearby Similar for Lease

    • $390/Mo

      Office Room For Lease

      Office room for lease in Chesterfield, VA for $390/month.
      1221 mall drive, Chesterfield, VA 23235
      View Details
    • Contact for pricing

      Medical Office Space Available

      Waterfront medical office space for lease in Chesterfield, Virginia.
      14448 Hull Street Road, Chesterfield, VA 23832
      View Details
    • Contact for pricing

      Retail Space at Centralia Road

      Retail spaces for lease in a thriving trade area.
      6411-6551 Centralia Road, Chesterfield, VA 23832
      View Details
    • Contact for pricing

      Office Building in Chesterfield County

      Office building for lease in Chesterfield County, Virginia.
      7734 Whitepine Rd., N Chesterfield, VA 23237
      View Details
    • Contact for pricing

      Retail Space at Centralia Road

      Retail space available in a thriving trade area.
      6421-6429 Centralia Rd, Chesterfield, VA
      View Details
    • Contact for pricing

      Office Space in Growing Area

      Office space for rent in a dynamic, growing residential area.
      15531 Cosby Rd, Chesterfield, VA
      View Details
    • Contact for pricing

      Modern Office Building in Chesterfield

      33,000 SF office building in Cosby Village Square.
      15545 Cosby Rd, Chesterfield, VA
      View Details
    • Contact for pricing

      Medical Building in Cosby Village

      Class A medical building in fast-growing Moseley, Virginia.
      15545 Cosby Rd, Chesterfield, VA 23832
      View Details
    • Contact for pricing

      Office Suite on Krause Road

      Office suite with reception, four offices, and ample parking.
      10106 Krause Rd, Chesterfield, VA 23832
      View Details
    • Contact for pricing

      Retail Space on Hull Street

      Retail space available for lease on Hull Street Road.
      13518 Hull Street Rd, Chesterfield, VA
      View Details
    • $18 SF/Yr

      Class A Suburban Office Building

      Five-story office building near Johnston Willis Hospital available for lease.
      10710 Midlothian Tpke, Chesterfield, VA
      View Details
    • Contact for pricing

      Retail Space Near Route 288

      Retail spaces available in high-traffic Chesterfield location near Route 288.
      6921-6945 Commons Plz, Chesterfield, VA
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in a mixed-use development near Publix.
    Where is this retail space located?
    The property is located at 7306 Cosby Village Rd Chesterfield, VA.
    What are key features of this property?
    This property features: Join Publix in the Heart of Chesterfield; Dynamic location in fastest growing residential area in Richmond; **35,000 VPD – Hull Street Road (Route 360)**
    (804) 314-6100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    David Crawford
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7306 Cosby Village Rd, Chesterfield, VA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!