Automotive Service Flex
6509 Dickens Place Richmond, VA 23230
For Sale
$1,100,000
Two connected automotive service buildings offer multiple work areas, service bays with lifts, and overhead doors with office space.
Property Size5,450 SF
Lot Size0.26 Acres
Price / SF$201.83
Days on Market171
Property Features for 6509 Dickens Place
General Information
- Standard status
- Active
- Size
- 5,450 SF
- Lot size
- 0.26 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1982
Listing Agency:
Long & Foster REALTORS
(804) 432-3408
Listed By:
James Strum
(804) 432-3408
Source:
Xome
Added: Feb 2
Changed: Jul 23
Last Checked: Jul 23 at 8:37AM
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 Long & Foster REALTORS
Investment Insights
Based on property information with market context.
6509 and 6511 Dickens Place present an automotive service property consisting of two primary buildings on a single lot, totaling approximately 5,450 square feet. Building 1 includes two service bays with auto lifts and overhead doors sized 10’6” wide by 12’ tall, supporting vehicle and equipment access. Building 2 features a main workspace along with an additional rear section, plus an overhead bay door sized 10’6” by 11’, and includes an office with a bathroom and shower, a secondary work area, and a storage room with overhead attic storage.
The buildings are equipped with gas heat, 220 electrical service, exhaust ventilation, and front and rear pedestrian doors. The office area is heated electrically. The property is described as offering convenient access just off Broad Street (Route 250), with quick connectivity to I-64 for the greater Richmond area.
With its functional layout of service bays, overhead doors, and interior work areas, the property supports automotive repair and other light industrial or contractor-oriented uses, along with flexible space considerations for investors.
The buildings are equipped with gas heat, 220 electrical service, exhaust ventilation, and front and rear pedestrian doors. The office area is heated electrically. The property is described as offering convenient access just off Broad Street (Route 250), with quick connectivity to I-64 for the greater Richmond area.
With its functional layout of service bays, overhead doors, and interior work areas, the property supports automotive repair and other light industrial or contractor-oriented uses, along with flexible space considerations for investors.
Key Highlights
- 5,450 SF automotive service property at 6509 & 6511 Dickens Place on a 0.258‑acre level lot
- Two primary buildings with multiple work areas for auto repair, contractor use, or light industrial use
- Building #1 (6509) ~48’ x 59’ with 2 service bays, auto lifts, and 10’6” x 12’ overhead doors
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.9k | $17.04 |
| − Vacancy | −$7.9k | −$1.45 |
| EGI | $85.0k | $15.59 |
| − OpEx | −$25.5k | −$4.68 |
| NOI | $59.5k | $10.91 |
5,450 SF · lease $17.04/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$849.7K
$743.5K – $991.4K
NOI $59,482 @ 7.0% cap · market cap 5.41%
Second Best
Flex RnD
$586.6K
$513.3K – $684.4K
NOI $41,065 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,139 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Denton's Automotive
Auto Repair Shop
Similar Off Market Nearby
- Seredni Tire & Auto Center — 5606 W Broad St, Richmond, VA 23230
- Seredni Tire & Auto — 5606 w broad st, richmond, va 23230
- Auto Image — 5810 W Broad St, Richmond, VA 23230
- RPM superstore — 5705 W Broad St, Richmond, VA 23226
- Goodyear — 5606 W Broad St, Richmond, VA 23230
FAQs
What type of property is this?
Auto shop - Two connected automotive service buildings offer multiple work areas, service bays with lifts, and overhead doors with office space.
Where is this auto shop located?
The property is located at 6509 Dickens Place Richmond, VA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,450 SF automotive service property at 6509 & 6511 Dickens Place on a 0.258‑acre level lot; Two primary buildings with multiple work areas for auto repair, contractor use, or light industrial use; Building #1 (6509) ~48’ x 59’ with 2 service bays, auto lifts, and 10’6” x 12’ overhead doors
