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    7411 Broad St Richmond, VA 23294

    Sponsored
    For Lease
    Contact for pricing

    2.1-Acre Richmond Outparcel: Build-to-Suit Available

    Lot size:
    91,476 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 2.1-acre commercial land parcel presents a prime opportunity in Richmond, Virginia. Located at 7411 W Broad St, this hard corner lot boasts excellent visibility and accessibility due to its strategic location at the intersection of W Broad Street and Willard Rd. The property is zoned M-1, offering flexibility for a variety of commercial developments. This single-tenancy site is ideal for ground lease, build-to-suit projects, or outright sale. Its substantial size provides ample space for a significant development, catering to businesses seeking a high-traffic location. The property's location within Henrico County, Virginia, ensures access to a thriving market and strong infrastructure. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing area of Richmond. The property's prominent location and flexible development options make it an attractive investment for both short-term and long-term growth. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The zip code for this property is 23294.

    Property Features for 7411 Broad St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    91,476 SF

    Unit(s) available at that property

    Space
    Available Suites
    Size
    91,476 SF

    HighLights

    • Rare W. Broad Corridor development site.
    • Adjacent to planned Sam's Xpress Car Wash.
    • M‑1 zoning offers diverse commercial development options.
    • Utilities and off‑site stormwater management available.
    Property Profile Location Intelligence

    Current Use by Public Records

    JakMax Auto Broker

    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
    Richmond
    County
    Henrico
    State
    Virginia
    Longitude
    -77.5223726
    Latitude
    37.6146851

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    FAQs

    What type of property is this?
    Land - 2.1-Acre Richmond Outparcel: Build-to-Suit Available
    Where is this land located?
    The property is located at 7411 Broad St Richmond, VA.
    What are key features of this property?
    This property features: Rare W. Broad Corridor development site.; Adjacent to planned Sam's Xpress Car Wash.; M-1 zoning offers diverse commercial development options.
    Request Owner's contact information
    7411 Broad St Richmond, VA 23294
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    Richmond, VA 23294
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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
    7411 Broad St Richmond, VA 23294
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