Auto Shop with Fenced
3300 Hull St, Richmond, VA 23224
For Sale
$299,900
Pending
Gated access and on-site parking complement a garage, office, storage area, and restroom.
Property Size1,152 SF
Lot Size0.23 Acres
Days on Market21
Property Features for 3300 Hull St
General Information
Standard status
Size
Total Parking Spaces
Lot size
Site & Location
Neighborhood
Highway Access
Road Access
Fenced Yard
Outdoor Storage
Additional Details
Real Estate Included
Amenities
overhead doors
office space
storage
restroom
HVAC system
security alarm wiring
Building Details
Buildings
Listing Agency:
River City Elite Properties - Real Broker
(804) 594-6750
Listed By:
Brandon Allen · License VA #0225255342
(804) 245-9119
Source:
Exprealty
Added: Oct 20
Changed: Nov 6
Last Checked: Nov 8 at 9:38AM
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 River City Elite Properties - Real Broker
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Investment Insights
Based on property information with market context.
Set on approximately 0.23 acres, this auto shop property includes a 1,152-square-foot building and a fully enclosed lot with gated entry. The building contains a two-car garage with overhead doors, office space, storage, and a restroom. HVAC and security alarm wiring are also present, and the lot accommodates approximately 15 vehicles.
The property is at 3300 Hull Street in Richmond’s Manchester/Blackwell area, with access to Downtown Richmond, Midlothian Turnpike, I-95, and I-64.
The property is at 3300 Hull Street in Richmond’s Manchester/Blackwell area, with access to Downtown Richmond, Midlothian Turnpike, I-95, and I-64.
Key Highlights
- Approximately 0.23‑acre site with a fully fenced lot and gated access
- 1,152‑square‑foot building with a two‑car garage and overhead doors
- Parking for approximately 15 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,573
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,460
$251.5K
Cap Rate 7%
$179,614
$179.6K
Cap Rate 9%
$139,700
$139.7K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$19.6K $17.04/SF
− Vacancy
−$1.7K −$1.45/SF
EGI
$18.0K $15.59/SF
− OpEx
−$5.4K −$4.68/SF
NOI
$12.6K $10.91/SF
Area
Richmond, VA
Vacancy
8.50%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$251,460
Cap Rate 7%
$179,614
Cap Rate 9%
$139,700
Alternative Uses
Best Use
Retail
$179.6K
$157.2K – $209.6K
NOI $12,573 @ 7.0% cap · market cap 4.19%
Second Best
Industrial
$104.3K
$91.3K – $121.7K
NOI $7,304 @ 7.0% cap · market cap 2.44%
Theoretical Best
Office A
$266.2K
$232.9K – $310.5K
NOI $18,631 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23224, VA
39,468
Population
18,201
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
80%
High-School Grad
11.6 sq mi
ZIP Area
3,402
Density / Sq Mi
$49,263
Median Household Income
$36,275
Median Earnings
$1,268
Median Rent
$189,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Richmond, VA
Similar Off Market Nearby
- Aim auto glass & service — 1648 tifton ct, richmond, va 23224
- Richmond Towing — 1401 Hopkins Rd, Richmond, VA 23224
- Castillo Auto Repair — 1401 Hopkins Rd, Richmond, VA 23224
- Simply Towing — 642 W E Southside Plaza Dr, Richmond, VA 23224
- D&S Towing LLC — 642 E Southside Plaza Suite B, Richmond, VA 23224
Frequently Asked Questions
What type of property is this?
Auto shop - Gated access and on-site parking complement a garage, office, storage area, and restroom.
Where is this auto shop located?
The property is located at 3300 Hull St Richmond, VA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Approximately 0.23‑acre site with a fully fenced lot and gated access; 1,152‑square‑foot building with a two‑car garage and overhead doors; Parking for approximately 15 vehicles
