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    5701 Greendale Rd Richmond, VA 23228

    For Lease
    $9 SF/Yr ($18,040 /Mo)

    Modern warehouse, excellent location, immediate occupancy.

    Lot size:
    22,204 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 22,204-square-foot warehouse, located at 5701 Greendale Road in Richmond, Virginia, presents a significant opportunity for businesses seeking efficient and spacious industrial space. The property is a single-tenant building, offering complete control and flexibility. Constructed in 2000, the Class B warehouse boasts impressive features including ceiling heights ranging from 20 to 24 feet, providing ample vertical storage capacity. Three loading docks and one drive-in door ensure seamless loading and unloading operations, optimizing logistical efficiency. Ample parking is available with 16 spaces designated for the property. Situated in Henrico County, the property benefits from convenient access to major transportation routes, enhancing distribution capabilities. The entire 22,204 square feet is currently vacant, making it ideal for immediate occupancy. This warehouse is perfect for a variety of industrial uses and offers a compelling combination of size, functionality, and location. The property's zip code is 23228.

    Property Features for 5701 Greendale Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,204 SF
    Class
    B
    Total Rate
    18040.75

    Building Details

    Year Built
    2000

    Unit(s) available at that property

    Space
    Available Space
    Size
    22,204 SF
    Rate per SF
    $9

    HighLights

    • 22,204 SF Class B warehouse in Richmond, VA.
    • Three loading docks and one drive‑in door.
    • Ceiling heights ranging from 20 to 24 feet.
    • Built in 2000; metal construction.
    • 16 surface parking spaces (0.78/1,000 SF).
    • 25‑minute drive to Richmond International Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    G.L.C. Warehouse Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Henrico
    State
    Virginia
    Longitude
    -77.4892603
    Latitude
    37.6061981

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    FAQs

    What type of property is this?
    Distribution property - Modern warehouse, excellent location, immediate occupancy.
    Where is this distribution property located?
    The property is located at 5701 Greendale Rd Richmond, VA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 22,204 SF Class B warehouse in Richmond, VA.; Three loading docks and one drive-in door.; Ceiling heights ranging from 20 to 24 feet.
    Request Owner's contact information
    5701 Greendale Rd Richmond, VA 23228
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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
    5701 Greendale Rd Richmond, VA 23228
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