Listing Agency: Partner Commercial Real Estate Show Phone

Listed By: Yasmine Hamad · License #VA 0226028968

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 30 at 7:42PM

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Investment Insights

Based on property information with market context.

The property is a retail space measuring 4,280 SF. It is located at 5602 Chamberlayne Rd in Richmond, Virginia 23227.

Key Highlights

• 4,280 SF retail space
• Located at 5602 Chamberlayne Rd, Richmond, VA 23227

Property Analytics

Property Profile

Current Use

Latino Market Richmond Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Electrical Service HVAC Service Nail Salon

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

356

Businesses Nearby

Explore this area Business Placement

Demographics for 23227, VA

25,283

Population

13,351

Households

1.9

Avg Household Size

45

Median Age

47%

College-Educated

93%

High-School Grad

11.5 sq mi

ZIP Area

2,199

Density / Sq Mi

$70,537

Median Household Income

$45,315

Median Earnings

$1,306

Median Rent

$329,700

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 - Commercial premises identified for retail use in Richmond.

Where is this retail space located?

The property is located at 5602 Chamberlayne Rd Richmond, VA.

What are key features of this property?

This property features: 4,280 SF retail space; Located at 5602 Chamberlayne Rd, Richmond, VA 23227