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Corner Industrial Development Site
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1209 N Arthur Ashe Blvd, Richmond, VA 23230

Industrial land lot at a busy corner intersection with three access points and TOD-1 zoning.

Space Size13,000 SF
Days on Market962

Property Features for 1209 N Arthur Ashe Blvd

General Information

Standard status Active
Size 13,000 SF
Property subtype INDUSTRIAL
Zoning TOD-1

Site & Location

Neighborhood Far West

Spaces For Lease

at 1209 N Arthur Ashe Blvd
1209 N Arthur Ashe Blvd AVAILABLE, Now
Floor Bldg
Size 13,000 SF
Type INDUSTRIAL
Rate Contact for pricing
Sublease No
- The Corner of Arthur Ashe Boulevard and W Leigh street is one of the busiest vehicle and pedestrian intersections in Scott’s Addition. This gateway site provides a user or developer with high-traffic and high-visibility with three access points. With TOD-1 zoning and the recent removal of parking regulations, this over half and acre site presents many development and redevelopment opportunities for a multitude of uses. 1,000 new apartments are planned within 400’ of the site.
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Listing Agency: Divaris Real Estate - Richmond
Listed By: Read Goode · License #DC0225048636
Source: Moodyscre
Added: Mar 13, 2024 Changed: Oct 25 Last Checked: Oct 28 at 12:02PM

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 Divaris Real Estate - Richmond

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Investment Insights

Based on property information with market context.

This corner industrial land site offers three access points and a development-oriented configuration at the intersection of Arthur Ashe Boulevard and W Leigh Street. The property is offered for rent and includes approximately 13,000 square feet of land area.

According to public remarks, the location is one of the busiest vehicle and pedestrian intersections in Scott’s Addition and is described as a gateway site with high traffic and visibility. The property is under TOD-1 zoning and public remarks also note the recent removal of parking regulations, which may support a range of development and redevelopment directions.

The public remarks further state that 1,000 new apartments are planned within 400 feet of the site.

Key Highlights

  • Gateway corner site at Arthur Ashe Boulevard and W Leigh Street, one of the busiest vehicle and pedestrian intersections in Scott’s Addition
  • Over half‑acre industrial land lot with three access points
  • TOD‑1 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Pharmacy Auto Parts Store Nail Salon Storage Facility Building Supply Skin Care Clinic

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,842
Businesses Nearby

Demographics for 23230, VA

8,263
Population
5,066
Households
1.6
Avg Household Size
35
Median Age
52%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$71,189
Median Household Income
$55,121
Median Earnings
$1,608
Median Rent
$343,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Richmond, VA

2.9% 2019
3.7% 2020
2.5% 2021
2.8% 2022
3.1% 2023
3.7% 2024
3.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land lot at a busy corner intersection with three access points and TOD-1 zoning.
Where is this industrial land located?
The property is located at 1209 N Arthur Ashe Blvd Richmond, VA.
What are key features of this property?
This property features: Gateway corner site at Arthur Ashe Boulevard and W Leigh Street, one of the busiest vehicle and pedestrian intersections in Scott’s Addition; Over half‑acre industrial land lot with three access points; TOD‑1 zoning
(804) 335-0554 · Office Call to check price and availability
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