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Industrial Land with 230kV Infrastructure
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905 E Randolph Rd, Hopewell, VA 23860

M-2 zoning and substantial utility capacity support a range of industrial development uses.

Property Size120 SF
Days on Market6

Property Features for 905 E Randolph Rd

General Information

Standard status Active
Size 120 SF
Class B
Property subtype land
Listing Agency: Richmond
Listed By: Jimmy Appich · License #0225043590
Source: Property.jll
Added: Oct 30 Last Checked: Nov 3 at 3:35AM

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 Richmond

Rey
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Investment Insights

Based on property information with market context.

Approximately 120 acres at Hopewell Innovation Park are available for industrial development. The site is zoned M-2, and its conceptual layout accommodates large-scale distribution development.

An onsite substation is connected to dedicated 230kV transmission infrastructure. The property also has access to significant natural gas, water, and wastewater capacity.

The site is minutes from I-295 and I-95, with regional connections to East Coast transportation routes and proximity to the Port of Virginia.

Key Highlights

  • Approximately 120 acres available for industrial development
  • Heavy Industrial (M‑2) zoning
  • Onsite substation with dedicated 230kV transmission infrastructure

Property Analytics

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Open Analytics

Suggested Use

Top Pick Pharmacy Hair Salon Dental Office Kitchen & Bath Showroom Parking Lot & Garage 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

97
Businesses Nearby

Demographics for 23860, VA

32,139
Population
12,254
Households
2.6
Avg Household Size
39
Median Age
14%
College-Educated
87%
High-School Grad
45.2 sq mi
ZIP Area
711
Density / Sq Mi
$55,104
Median Household Income
$36,663
Median Earnings
$1,103
Median Rent
$187,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - M-2 zoning and substantial utility capacity support a range of industrial development uses.
Where is this industrial land located?
The property is located at 905 E Randolph Rd Hopewell, VA.
What are key features of this property?
This property features: Approximately 120 acres available for industrial development; Heavy Industrial (M‑2) zoning; Onsite substation with dedicated 230kV transmission infrastructure
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Includes: Price & PSF · Cap rate · Location · Zoning

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