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    4406 Hundred Rd Chester, VA 23831

    Sponsored
    For Sale
    $495,000

    Prime Retail Outparcel in Chester, VA

    Property size:
    26,861 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 2,500 square foot retail outparcel situated within the established Chester Village Shopping Center in Chesterfield County, Virginia. Located at 4406 W Hundred Rd, this property boasts a highly visible location on Route 10 (W Hundred Rd), experiencing a significant daily traffic volume of 23,000 vehicles. The outparcel, part of a larger 26,861 square foot shopping center, offers immediate access to a substantial customer base. Built in 1962, the property is zoned C-3, allowing for a variety of retail uses. The strategic location benefits from a strong daytime workforce, with nearly 37,000 employees within a 5-mile radius, ensuring a consistent flow of potential customers. This presents a rare chance to acquire a well-positioned retail space in a thriving community. The asking price for this exceptional property is $495,000. This outparcel offers significant potential for growth and return on investment. Don't miss this opportunity to secure a prime retail location in a high-traffic area with a strong local economy. Contact us today to learn more and schedule a showing.

    Property Features for 4406 Hundred Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    26,861 SF

    Building Details

    Year Built
    1962

    HighLights

    • Chester Village Shopping Center location.
    • C‑3 zoning.
    • High‑traffic Route 10 (W Hundred Rd) location, 23,000 vehicles per day.
    • Strong daytime employee base: nearly 37,000 within a 5‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle 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
    Chester
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.4486863
    Latitude
    37.355229

    Nearby Comparable

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    • $495,000
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      Chester Village Retail Center

      Prime Retail Space, High Traffic Area
      4408 Hundred Rd, Chester, VA 23831
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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Outparcel in Chester, VA
    Where is this lifestyle center located?
    The property is located at 4406 Hundred Rd Chester, VA.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Chester Village Shopping Center location.; C-3 zoning.; High-traffic Route 10 (W Hundred Rd) location, 23,000 vehicles per day.
    Request Owner's contact information
    4406 Hundred Rd Chester, VA 23831
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    Chester, VA 23831
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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
    4406 Hundred Rd Chester, VA 23831
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