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    2600 Dundas Rd Richmond, VA 23234

    Sponsored
    For Sale
    $650,000

    2.347 acres, prime retail location, $650,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.347-acre commercial land parcel presents a remarkable retail development opportunity in Richmond, Virginia. Located at 2600 Dundas Road in Chesterfield County (zip code 23234), this property boasts a highly desirable location with excellent visibility and accessibility. The land is zoned O, B, and C, offering flexibility for a variety of retail developments. The asking price is $650,000, translating to approximately $276,949 per acre, reflecting the significant value of this strategically positioned site. The property benefits from its proximity to major transportation arteries, including a signalized intersection at Dundas Road and Route 1/Emancipation Highway. Furthermore, it's less than half a mile from Route 150/Chippenham Parkway, and within four miles of Route 288 and I-95, ensuring convenient access for both customers and employees. The high volume of traffic on I-95 (Exit 67, with a VPD of 113,000) further underscores the significant potential for retail success at this location. This is a rare opportunity to acquire a prime commercial land parcel in a thriving area with strong demographics and excellent infrastructure. Don't miss this chance to capitalize on this exceptional investment opportunity.

    Property Features for 2600 Dundas Rd

    General Information

    Property type
    Land
    Lot Size
    102,235 SF

    HighLights

    • High‑visibility corner lot at the signalized intersection of Dundas Road and Route 1/Emancipation Highway.
    • Less than half a mile to Route 150/Chippenham Parkway.
    • Approximately 0.8 miles to I‑95 Exit 67 (VPD 113,000).
    • Four miles to Route 288 and I‑95.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Pharmacy Auto Repair Shop Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.4395664
    Latitude
    37.4364944

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    FAQs

    What type of property is this?
    Land - 2.347 acres, prime retail location, $650,000
    Where is this land located?
    The property is located at 2600 Dundas Rd Richmond, VA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: High-visibility corner lot at the signalized intersection of Dundas Road and Route 1/Emancipation Highway.; Less than half a mile to Route 150/Chippenham Parkway.; Approximately 0.8 miles to I-95 Exit 67 (VPD 113,000).
    (804) 320-7600
    Request Owner's contact information
    2600 Dundas Rd Richmond, VA 23234
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    Richmond, VA 23234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2600 Dundas Rd Richmond, VA 23234
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