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Warehouse Flex Space
For Lease
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3905-3911 Carolina Ave, Richmond, VA 23222

Warehouse space available for lease within designated Enterprise and Opportunity Zones.

Space Size18,000 SF
Days on Market942

Property Features for 3905-3911 Carolina Ave

General Information

Standard status Active
Size 18,000 SF
Property subtype INDUSTRIAL

Additional Details

Opportunity Zone Yes

Spaces For Lease

at 3905-3911 Carolina Ave Contact us

3905 Carolina Ave

Floor
1
Size
18,000 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Enterprise Zone - Opportunity Zone
Contact us
Listing Agency: Porter Realty Company, Inc - CORFAC International
Listed By: Robert Porter, Jr
Source: Moodyscre
Added: Feb 13, 2024 Changed: Sep 12 Last Checked: Sep 12 at 10:39AM

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 Porter Realty Company, Inc - CORFAC International

Investment Insights

Based on property information with market context.

Warehouse flex space is available for lease and can support a range of warehouse-oriented operations. The property is sized at 18,000 square feet.

The asset is located at 3905-3911 Carolina Ave in Richmond, Virginia. The property is designated as both an Enterprise Zone and an Opportunity Zone.

The listing does not specify unit breakdowns or site improvements, so interested parties should confirm configuration details during their due diligence.

Key Highlights

  • Warehouse space available for lease
  • Located in designated Enterprise Zone
  • Located in designated Opportunity Zone

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Auto Parts 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23222, VA

24,337
Population
11,762
Households
2.1
Avg Household Size
37
Median Age
32%
College-Educated
90%
High-School Grad
8.2 sq mi
ZIP Area
2,968
Density / Sq Mi
$58,105
Median Household Income
$37,137
Median Earnings
$1,181
Median Rent
$252,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Richmond, VA

$10.14 /SF/Yr
Avg Asking Price
$7–$13 /SF/Yr
Price Range
67,538 SF
Avg Space Size

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
Rey
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Similar Off Market Nearby

  • AAAA Self Storage 1400 E Laburnum Ave, Richmond, VA 23222
  • Strawberry Hill Industrial Park 920 E Laburnum Ave, Richmond, VA 23222
  • Young Moving & Storage, Inc. 4295 Carolina Ave, Richmond, VA 23222

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse space available for lease within designated Enterprise and Opportunity Zones.
Where is this warehouse located?
The property is located at 3905-3911 Carolina Ave Richmond, VA.
What are key features of this property?
This property features: Warehouse space available for lease; Located in designated Enterprise Zone; Located in designated Opportunity Zone
(804) 353-7994 Call to check price and availability
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