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Development Parcel Near Airport
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3740 Charles City Rd, Richmond, VA 23231

28-acre development parcel near Richmond International Airport.

Property Size2,300 SF
Lot Size28.00 Acres
Days on Market709

Property Features for 3740 Charles City Rd

General Information

Standard status Active
Size 2,300 SF
Lot size 28.00 Acres
Property subtype Land
Zoning A-1
Listing Agency: Tranzon Key
Listed By: Jeffrey Stein · License #MD 5422
Source: Crexi
Added: Sep 13, 2024 Changed: Aug 21 Last Checked: Aug 21 at 11:02AM

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 Tranzon Key

Investment Insights

Based on property information with market context.

This 28-acre development parcel is offered via online auction. Located less than a mile from Richmond International Airport and approximately three miles from I-295 and 895/Pocahontas Parkway, the property offers potential near-term rental income and development opportunities. The site features over 2,000 feet of road frontage on Beulah Road and 650+ feet on Charles City Road. Currently zoned agricultural, the property is master planned by Henrico County for industrial zoning. According to Henrico County records, a house on the property was built in 1910 and contains approximately 2,300 square feet, featuring four bedrooms and three baths, presenting a value-add opportunity. The sale includes three tax parcels. Note that the property may require remediation to comply with certain county regulations, including regrading the area of fill to a 3:1 slope and remediating an approximately 0.1-acre area of wetland. Additional funds held in escrow may be available to help offset such costs.

Key Highlights

  • 28‑acre development parcel with significant potential
  • Excellent location: Less than a mile from Richmond International Airport
  • Substantial road frontage: Over 2,000 feet on Beulah Rd

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Building Supply (Bike/Boat/Book/etc) Store Arcade & Gaming Center

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

8
Businesses Nearby

Demographics for 23231, VA

37,455
Population
17,028
Households
2.2
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
88.2 sq mi
ZIP Area
425
Density / Sq Mi
$74,245
Median Household Income
$43,315
Median Earnings
$1,272
Median Rent
$270,400
Median Home Value

Market

Vacancy Rate% for Industrial in Richmond, VA

2.9% 2019
3.7% 2020
2.5% 2021
2.8% 2022
3.1% 2023
3.7% 2024
3.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - 28-acre development parcel near Richmond International Airport.
Where is this agricultural land / farmland located?
The property is located at 3740 Charles City Rd Richmond, VA.
What are key features of this property?
This property features: 28‑acre development parcel with significant potential; Excellent location: Less than a mile from Richmond International Airport; Substantial road frontage: Over 2,000 feet on Beulah Rd
(703) 539-8111 Call to check price and availability
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