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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 Market915

Property Features for 1209 N Arthur Ashe Blvd

General Information

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

Spaces For Lease

at 1209 N Arthur Ashe Blvd Contact us

1209 N Arthur Ashe Blvd

Floor
Bldg
Size
13,000 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- The Corner of Arthur Ashe Boulevard and W Leigh street is one of the busiest vehicle...
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Listing Agency: Divaris Real Estate - Richmond
Listed By: Read Goode · License #DC0225048636
Source: Moodyscre
Added: Mar 13, 2024 Changed: Sep 6 Last Checked: Sep 12 at 8:49AM

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

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

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Current Use

Industrial land

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
View Realmo Analytics

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
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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 Call to check price and availability
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