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Surface Parking Lot Development Site
For Sale
$199,900
Pending

214 W Marshall St, Richmond, VA 23219

Surface parking lot with a curb cut and public alley access, currently used to generate income in an opportunity zone.

Property SizeContact for details
Days on Market825

Property Features for 214 W Marshall St

General Information

Standard status Pending
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,884
Listing Agency: Samson Properties
Listed By: John Innes · License #0225234991
Source: Exprealty
Added: Jun 4, 2024 Changed: Aug 20 Last Checked: Sep 5 at 10:31AM

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 Samson Properties

Investment Insights

Based on property information with market context.

This commercial land parcel is currently operated as surface parking to generate income. The property includes an existing curb cut on Marshall St and can also be accessed from a public alley at the rear. The lot totals 3,900 SF and is located in an opportunity zone.

According to the current remarks, the property is positioned across from the Richmond Dairy apartments and within walking distance to nearby restaurants. The site was previously used as a single-family home location, and the current setup supports continued parking use while considering a development plan subject to required approvals.

For buyers seeking a site with straightforward parking operations and defined access points, this parcel offers a workable existing configuration and multiple entry options.

Key Highlights

  • 3,900 SF lot in an opportunity zone, currently used as a surface parking income source
  • Existing curb cut on Marshall St
  • Access from a public alley at the rear

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Veterinary Clinic Carpet & Flooring Store Tanning Salon Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,611
Businesses Nearby

Demographics for 23219, VA

5,307
Population
3,488
Households
1.5
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
1.3 sq mi
ZIP Area
4,082
Density / Sq Mi
$62,533
Median Household Income
$46,509
Median Earnings
$1,439
Median Rent
$287,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Surface parking lot with a curb cut and public alley access, currently used to generate income in an opportunity zone.
Where is this commercial land located?
The property is located at 214 W Marshall St Richmond, VA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 3,900 SF lot in an opportunity zone, currently used as a surface parking income source; Existing curb cut on Marshall St; Access from a public alley at the rear
More about this property
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