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Redevelopment Site with TOD-1 Zoning
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4101 West Broad St, Richmond, VA 23230

For-sale redevelopment opportunity at a signalized intersection with TOD-1 zoning on West Broad Street.

Property Size7,000 SF
Days on Market56

Property Features for 4101 West Broad St

General Information

Standard status Active
Size 7,000 SF
Property subtype Multifamily, Office
Zoning TOD (Transit-Oriented Development)

Additional Details

Highway Access Yes
Listing Agency: CBRE - Richmond
Listed By: Matt Hamilton · License #VA
Source: Crexi
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 11 at 8:02AM

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 CBRE - Richmond

Investment Insights

Based on property information with market context.

The property is offered for sale as a redevelopment site positioned at a strategically located, signalized intersection. Public remarks describe the asset as a direct entry point from Richmond’s westward communities and highlight its suitability for redevelopment under TOD-1 zoning. The property size is listed as 7,000, and the address is 4101 West Broad St, Richmond, VA.

According to the provided remarks, the site offers seamless interstate connectivity and sits within the heart of the westward expansion corridor. The corridor is described as a 0.75-mile stretch between Malvern Road and Staples Mill Road, where additional residents, retail, and office activity are anticipated over the coming year.

For buyers and operators, the primary appeal here is the redevelopment framework tied to TOD-1 zoning at a signal-controlled location. This configuration can support a vision for transit-oriented development while taking advantage of the site’s described connectivity and central placement within a corridor slated for increased activity. Prospective buyers should review TOD-1 zoning specifics and any applicable development constraints as part of their planning for a future use aligned with the intended redevelopment goals.

Key Highlights

  • Redevelopment opportunity at a signalized intersection on West Broad Street
  • TOD‑1 zoning
  • Located along a 0.75‑mile corridor between Malvern Road and Staples Mill Road

Property Analytics

Current Use

Bank of America (with ... Bank Bank of America ATM ... Atm Mortgage, Bank of America Loan Service

Suggested Use

Top Pick Grocery & Convenience Store Nail Salon Hotel & Motel Barber Shop Locksmith Pet Grooming 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,459
Businesses Nearby

Demographics for 23230, VA

8,263
Population
5,066
Households
1.6
Avg Household Size
35
Median Age
52%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$71,189
Median Household Income
$55,121
Median Earnings
$1,608
Median Rent
$343,500
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?
Apartment building - For-sale redevelopment opportunity at a signalized intersection with TOD-1 zoning on West Broad Street.
Where is this apartment building located?
The property is located at 4101 West Broad St Richmond, VA.
What are key features of this property?
This property features: Redevelopment opportunity at a signalized intersection on West Broad Street; TOD‑1 zoning; Located along a 0.75‑mile corridor between Malvern Road and Staples Mill Road
(804) 401-4005 Call to check price and availability
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