Prime Land with Future
For Sale
$1,500,000
2678 2698 & 2720 New Market Road, Richmond, VA 23231
4.71 acres with building, designated for future commercial use.
Property Size1,395 SF
Lot Size4.71 Acres
Price / SF$1,075
Days on Market179
Property Features for 2678 2698 & 2720 New Market Road
General Information
Standard status
Active
Size
1,395 SF
Lot size
4.71 Acres
Property subtype
Commercial
Listing Agency:
Taylor Long Properties
(804) 437-4323
Listed By:
Robert Marshall · License #0225192463
(804) 437-4323
Source:
Taylorlongproperties
Added: Mar 6
Changed: Aug 15
Last Checked: Sep 1 at 4:00PM
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 Taylor Long Properties
Investment Insights
Based on property information with market context.
This property features four parcels totaling approximately 4.71 acres, including a 1,395 square foot building. It is designated for future commercial use in the 2026 Henrico Comprehensive Plan. The site benefits from existing water and sewer connections. The property offers high visibility with 562 feet of direct frontage on New Market Road. It provides convenient access to I-895 and I-295. The location is near numerous existing and proposed residential subdivisions, Richmond International Airport, and Downtown Richmond. The property is located on the Virginia Capital Trail, a 50-mile paved bike and walking trail on New Market Road (Rt. 5), which sees over 25,000 bikes per year. This future commercial location is positioned near Food Lion, Walgreens, and Dollar General.
Key Highlights
- High visibility with 562 feet of direct frontage on New Market Road.
- 4 Parcels Total ± 4.71 Acres with 1,395 SF Building For Sale.
- Designated as future Commercial in 2026 Henrico Comprehensive Plan.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
83
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 4.71 acres with building, designated for future commercial use.
Where is this commercial land located?
The property is located at 2678 2698 & 2720 New Market Road Richmond, VA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High visibility with 562 feet of direct frontage on New Market Road.; 4 Parcels Total ± 4.71 Acres with 1,395 SF Building For Sale.; Designated as future Commercial in 2026 Henrico Comprehensive Plan.
