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Level B3 Commercial Land
For Sale
$150,000

505 Savannah Avenue, Richmond, VA 23222

CommercialSale, Richmond, VA

Property SizeContact for details
Lot Size0.28 Acres
Days on Market600

Property Features for 505 Savannah Avenue

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Subdivision 32 - Henrico
Standard status Active
APN 794-737-5854
Lot size 0.28 Acres

Taxes and HOA fees

Tax Description EDWARDS PARK LT PT 38 39 40 41 2 A1 22
Legal Description EDWARDS PARK LT PT 38 39 40 41 2 A1 22

Building Details

Year built 2025
Listing Agency: HAAS Realty Group
Listed By: Susan Haas · License #0225083094
Added: Feb 24, 2025 Changed: Oct 10 Last Checked: Oct 17 at 8:06PM
MLS# 2504625

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

505 Savannah Avenue is a level, open commercial land parcel spanning 0.276 acres. The site carries B3 zoning and is situated within an Opportunity Zone designated for business uses.

An additional 0.186-acre corner parcel at 508 Savannah Avenue may be acquired with the property. That adjoining offering includes a bungalow described as suitable for restoration or removal. The property is within one mile of the Amazon Fulfillment Center, Richmond International Raceway, and Downtown Richmond.

Key Highlights

  • 0.276‑acre commercial land parcel at 505 Savannah Avenue
  • B3 zoning for business uses
  • Located within an Opportunity Zone

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Accounting 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.

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby

Demographics for 23222, VA

24,337
Population
11,762
Households
2.1
Avg Household Size
37
Median Age
32%
College-Educated
90%
High-School Grad
8.2 sq mi
ZIP Area
2,968
Density / Sq Mi
$58,105
Median Household Income
$37,137
Median Earnings
$1,181
Median Rent
$252,000
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Level, open parcel with B3 zoning in an Opportunity Zone supporting business uses.
Where is this commercial land located?
The property is located at 505 Savannah Avenue Richmond, VA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 0.276‑acre commercial land parcel at 505 Savannah Avenue; B3 zoning for business uses; Located within an Opportunity Zone
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