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    931-933 W Grace St Richmond, VA 23220

    For Lease
    Contact for pricing

    Retail suites available near VCU with high foot traffic.

    Property size:
    1,924 SF
    Lot size:
    0.15 Acres

    Property Features for 931-933 W Grace St

    General Information

    Size
    1,924 SF
    Lot size
    0.15 Acres

    Source: Cushman & Wakefield | Thalhimer - Corporate Agent Reilly Marchant

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

    Overview

    Retail Space Near VCU

    Available for lease are retail spaces of 1,924 square feet and 1,902 square feet. The suites can be combined and include venting for an exhaust hood. The location offers excellent visibility and high foot traffic. Situated one block from the VCU Siegal Center, the property is located at the intersection of Grace Street and Harrison Street, and is also minutes from The Pulse. A redevelopment project is planned that will add 23 new residential units. Delivery is expected in Q1 2024.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4528722
    Latitude
    37.5506918

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    FAQs

    What type of property is this?
    Retail space - Retail suites available near VCU with high foot traffic.
    Where is this retail space located?
    The property is located at 931-933 W Grace St Richmond, VA.
    What are key features of this property?
    This property features: - Premier location at Grace St. and Harrison St.; - Excellent visibility with high volume foot traffic.; - One block from the VCU Siegal Center.
    (804) 837-1118
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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
    931-933 W Grace St Richmond, VA 23220
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