Listing Agency: Riser Retail Group Carmel Show Phone

Listed By: John F. Riser · License #RB14036150

Source: Crexi

Added: Apr 12 Changed: Jul 23 Last Checked: Jul 30 at 2:47PM

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Investment Insights

Based on property information with market context.

This for-sale retail property is presented with a stated 7.50% cap rate and totals 64,774 SF, offering a single asset format suitable for investors evaluating retail income potential.

The property is located at 2901 Williamsburg Rd in Richmond, VA 23231. Additional leasing, tenant, and operational details are not provided in the available information.

Key Highlights

• For‑sale retail property with a stated 7.50% cap rate
• Retail building totals 64,774 SF

Property Analytics

Current Use

Tax Shop of Varina ... Tax Preparation

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Big Box & Wholesale Store Pharmacy

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

194

Businesses Nearby

Explore this area Business Placement

Demographics for 23231, VA

37,455

Population

17,028

Households

2.2

Avg Household Size

40

Median Age

29%

College-Educated

92%

High-School Grad

88.2 sq mi

ZIP Area

425

Density / Sq Mi

$74,245

Median Household Income

$43,315

Median Earnings

$1,272

Median Rent

$270,400

Median Home Value

Market

Vacancy Rate% for Retail in Richmond, VA

6.9% 2019

7.5% 2020

7% 2021

5.2% 2022

4.2% 2023

4.9% 2024

5.7% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - For-sale retail property with a stated 7.50% cap rate and 64,774 SF.

Where is this retail space located?

The property is located at 2901 Williamsburg Rd Richmond, VA.

What are key features of this property?

This property features: For‑sale retail property with a stated 7.50% cap rate; Retail building totals 64,774 SF