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Mixed-Use Development Parcel
For Sale
Contact for pricing
Pending

4712 Nine Mile Road, Richmond, VA 23223

Dual-zoned Richmond-area land with major corridor frontage and traffic counts over 25,000 vehicles daily.

Property SizeContact for details
Lot Size1.96 Acres
Days on Market73

Property Features for 4712 Nine Mile Road

General Information

Standard status Pending
Lot size 1.96 Acres
Property subtype Retail, Multifamily, Land
Zoning R-3 and B-3
Investment Type Redevelopment

Site & Location

Traffic Count 25,000 vehicles/day
Highway Access Yes
Listing Agency: Planet CRE RVA
Listed By: Joseph Moorman · License #0225260700
Source: Crexi
Added: Jun 1 Changed: Aug 8 Last Checked: Aug 8 at 7:49AM

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 Planet CRE RVA

Investment Insights

Based on property information with market context.

This mixed-use development parcel totals approximately 1.96 acres and is offered for acquisition at 4712 Nine Mile Road in Richmond, Virginia. The site is identified with dual zoning, R-3 and B-3, supporting a range of residential and commercial development options. The property also benefits from corridor-facing frontage, along with potential secondary access from S. Laburnum Avenue, which can improve site planning and circulation.

The parcel sits along the highly traveled Nine Mile Road corridor with stated traffic counts exceeding 25,000 vehicles per day. It is described as strategically positioned near major regional connectivity, approximately 1.1 miles from the I-64 interchange. Additional proximity is provided to Downtown Richmond (about 3 miles) and Richmond International Airport (about 4 miles). The surrounding commercial environment is described as anchored by established national retailers and businesses, including Walgreens, Walmart Supercenter, McDonald’s, Planet Fitness, Pep Boys, and Bojangles.

For developers, investors, and owner-users, the combination of dual zoning and prominent corridor exposure can support multiple concept directions, including small-lot residential development, retail, medical or professional office, convenience store, restaurant with drive-thru, automotive-related uses, and daycare, subject to applicable approvals. The added access flexibility noted from S. Laburnum Avenue may also help accommodate varying site layouts and tenant needs.

Key Highlights

  • 1.96‑acre mixed‑use development parcel on the Nine Mile Road corridor in the Richmond Metro area
  • Dual zoning: R‑3 and B‑3, supporting a wide range of residential and commercial uses
  • Traffic counts exceeding 25,000 vehicles per day and prominent frontage on Nine Mile Road

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Law Firm

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

25,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

435
Businesses Nearby

Demographics for 23223, VA

51,960
Population
27,141
Households
1.9
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
16.7 sq mi
ZIP Area
3,111
Density / Sq Mi
$56,518
Median Household Income
$39,828
Median Earnings
$1,224
Median Rent
$236,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Dual-zoned Richmond-area land with major corridor frontage and traffic counts over 25,000 vehicles daily.
Where is this commercial land located?
The property is located at 4712 Nine Mile Road Richmond, VA.
What are key features of this property?
This property features: 1.96‑acre mixed‑use development parcel on the Nine Mile Road corridor in the Richmond Metro area; Dual zoning: R‑3 and B‑3, supporting a wide range of residential and commercial uses; Traffic counts exceeding 25,000 vehicles per day and prominent frontage on Nine Mile Road
More about this property
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