Listing Agency: S.L. Nusbaum

Listed By: Reid Cardon · License #VA0225096500 Show Phone

Source: Crexi

Added: Aug 12, 2024 Changed: Oct 25 Last Checked: Oct 30 at 10:30AM

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Investment Insights

Based on property information with market context.

This offering presents a multifamily/mixed-use development opportunity located near Virginia Union University in the city of Richmond. The property is suitable for commercial real estate ventures, encompassing land and mixed-use development possibilities.

Key Highlights

• Multifamily/mixed‑use development opportunity
• Located near Virginia Union University
• Located in the city of Richmond

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Cafe & Coffee Shop Furniture & Home Goods Skin Care Clinic

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

968

Businesses Nearby

Explore this area Business Placement

Demographics for 23220, VA

36,942

Population

16,561

Households

2.2

Avg Household Size

27

Median Age

59%

College-Educated

94%

High-School Grad

4.8 sq mi

ZIP Area

7,696

Density / Sq Mi

$56,681

Median Household Income

$33,249

Median Earnings

$1,354

Median Rent

$468,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Multifamily/mixed-use development opportunity near Virginia Union University.

Where is this land located?

The property is located at 2500 - 2536 N Lombardy St Richmond, VA.

What is the asking price?

The asking price for this property is $4,950,000.

What are key features of this property?

This property features: Multifamily/mixed‑use development opportunity; Located near Virginia Union University; Located in the city of Richmond