Listing Agency: Divaris Real Estate Inc

Listed By: John Madures · License #VA 0225137430

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 5:54PM

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Investment Insights

Based on property information with market context.

This retail space occupies 5146 Nine Mile Road in Richmond, Virginia. The property sits at the corner of a signalized intersection, providing a defined commercial setting along Nine Mile Road. Current operations remain active within the premises, with the tenant open at this time.

Key Highlights

• Retail space at 5146 Nine Mile Road, Richmond, VA 23223
• Corner position at a signalized intersection
• Tenant currently open and operating in the premises

Property Analytics

Property Profile

Current Use

Fresh Wok Restaurant

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

266

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Retail in Richmond, VA

6.9% 2019

7.5% 2020

7% 2021

5.2% 2022

4.2% 2023

4.9% 2024

5.7% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Operating retail premises positioned at a signal-controlled intersection along Nine Mile Road.

Where is this retail space located?

The property is located at 5146 Nine Mile Road Richmond, VA.

What are key features of this property?

This property features: Retail space at 5146 Nine Mile Road, Richmond, VA 23223; Corner position at a signalized intersection; Tenant currently open and operating in the premises