Listing Agency: Porter Realty Company, Inc.

Listed By: Byron W. Holmes · License #VA 0225067613

Source: Crexi

Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 2:08AM

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Investment Insights

Based on property information with market context.

This retail property at 3510 Courthouse Road in Richmond, Virginia, contains 5,000 SF of commercial space. The offering carries an 8.55% cap rate and is presented for sale.

Key Highlights

• 5,000 SF of retail space
• 8.55% cap rate
• 3510 Courthouse Road, Richmond, VA 23236

Property Analytics

Property Profile

Current Use

Four Paws Pet ... Pet Grooming Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Electrical Service Building Supply HVAC Service

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

422

Businesses Nearby

Explore this area Business Placement

Demographics for 23236, VA

27,516

Population

10,839

Households

2.5

Avg Household Size

42

Median Age

46%

College-Educated

94%

High-School Grad

14.5 sq mi

ZIP Area

1,898

Density / Sq Mi

$109,338

Median Household Income

$57,751

Median Earnings

$1,805

Median Rent

$306,800

Median Home Value

Market

Vacancy Rate% for Office in Richmond, VA

5.7% 2019

7.2% 2020

7% 2021

8.2% 2022

8.4% 2023

12.1% 2024

11.8% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial retail space offered for sale in Richmond, Virginia.

Where is this retail space located?

The property is located at 3510 Courthouse Road Richmond, VA.

What are key features of this property?

This property features: 5,000 SF of retail space; 8.55% cap rate; 3510 Courthouse Road, Richmond, VA 23236