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    6411-6551 Centralia Rd Chesterfield, VA 23832

    For Lease
    Contact for pricing

    High-traffic retail strip center, two spaces available.

    Lot size:
    167,146 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail investment opportunity is located in the thriving Chesterfield County, Virginia market. The property, known as Chesterfield Meadows, is a multi-tenant strip center totaling 167,146 square feet, situated at the highly visible and easily accessible intersection of Centralia Road and Iron Bridge Road. The center benefits from excellent visibility and high traffic counts due to its strategic location at a signalized intersection. Currently, there are two available retail spaces, one measuring approximately 1,200 square feet and the other approximately 1,375 square feet, presenting a unique chance for expansion or new business ventures. The property's address is 6411-6551 Centralia Road, Chesterfield, VA 23832, with a cross street of Iron Bridge Road. The total vacant space within the center is 2,575 square feet. This property offers a strong potential for return on investment, given its prime location and the current market demand for retail space in this area of Chesterfield County. The property is classified as a retail strip center with multiple tenants. This presents a compelling opportunity for investors seeking a well-located, established retail center with immediate income potential and the possibility of further development. The property is conveniently located in Chesterfield County, Virginia.

    Property Features for 6411-6551 Centralia Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    167,146 SF

    Unit(s) available at that property

    Space
    Unit 11
    Size
    1,375 SF
    Space
    Unit 5-6 (S)
    Size
    1,200 SF

    HighLights

    • Exceptional retail investment opportunity in Chesterfield County, VA's thriving market.
    • High‑traffic location at the signalized intersection of Centralia Rd and Iron Bridge Rd, offering excellent visibility.
    • Strong daytime employment: ~7,399 within 1 mile, ~16,111 within 3 miles, ~33,407 within 5 miles.
    • Situated in a desirable residential growth corridor with easy access to Rt. 288.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.499741353404
    Latitude
    37.372667916869

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail strip center, two spaces available.
    Where is this neighborhood center located?
    The property is located at 6411-6551 Centralia Rd Chesterfield, VA.
    What are key features of this property?
    This property features: Exceptional retail investment opportunity in Chesterfield County, VA's thriving market.; High-traffic location at the signalized intersection of Centralia Rd and Iron Bridge Rd, offering excellent visibility.; Strong daytime employment: ~7,399 within 1 mile, ~16,111 within 3 miles, ~33,407 within 5 miles.
    Request Owner's contact information
    6411-6551 Centralia Rd Chesterfield, VA 23832
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    Chesterfield, VA 23832
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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
    6411-6551 Centralia Rd Chesterfield, VA 23832
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