Listing Agency: S.L. Nusbaum

Listed By: Reid Cardon · License #VA0225096500 Show Phone

Source: Crexi

Added: Aug 12, 2024 Changed: Sep 4 Last Checked: Sep 6 at 9:40PM

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Investment Insights

Based on property information with market context.

This offering presents a multifamily/mixed-use development opportunity located near Virginia Union University in the city of Richmond. The property is suitable for commercial real estate ventures, encompassing land and mixed-use development possibilities.

Key Highlights

• Multifamily/mixed‑use development opportunity
• Located near Virginia Union University
• Located in the city of Richmond

Property Analytics

Property Profile

Current Use

Gortney Body Shop Auto Repair Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Cafe & Coffee Shop Furniture & Home Goods 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.

Location Intelligence

Trade Area within ½ mile

968

Businesses Nearby

Explore this area Business Placement

Demographics for 23220, VA

36,942

Population

16,561

Households

2.2

Avg Household Size

27

Median Age

59%

College-Educated

94%

High-School Grad

4.8 sq mi

ZIP Area

7,696

Density / Sq Mi

$56,681

Median Household Income

$33,249

Median Earnings

$1,354

Median Rent

$468,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Multifamily/mixed-use development opportunity near Virginia Union University.

Where is this land located?

The property is located at 2500 - 2536 N Lombardy St Richmond, VA.

What is the asking price?

The asking price for this property is $4,950,000.

What are key features of this property?

This property features: Multifamily/mixed‑use development opportunity; Located near Virginia Union University; Located in the city of Richmond