4712 Nine Mile Rd Richmond, VA 23223
- Commercial real estate
- 1.96 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4712 Nine Mile Rd
- Lot size
- 1.96 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.96-acre development site, located at 4712 & 4716 Nine Mile Road in Richmond, Virginia (zip code 23223), presents a unique investment opportunity. The property boasts a prime location with excellent visibility and high traffic counts. Zoned B3, B3C, R3 & R4, this versatile land parcel allows for a range of commercial and residential development possibilities. The site is strategically situated just one mile from the I-64 interchange, easily accessible via two access points on Nine Mile Road (Exit 193) and South Laburnum Avenue (Exit 195). Nine Mile Road sees 24,000 vehicles per day, while North Laburnum Avenue experiences 25,000 vehicles per day, ensuring significant exposure for any development. The area is further enhanced by the presence of numerous established retailers, including Walmart, Dunkin', Dollar Tree, 7-Eleven, MedExpress Urgent Care, Chick-fil-A, McDonald's, and Bojangles, creating a thriving commercial environment. This property offers significant potential for developers seeking a high-traffic location with diverse zoning options in a rapidly growing area of Henrico County. The asking price for this exceptional development opportunity is $699,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Henrico
- State
- Virginia
- Longitude
- -77.371562
- Latitude
- 37.543944
