5150 Nine Mile Rd Richmond, VA 23223
- Land
- 0.70 lot acres
Current Use by Public Records
- Land
Property Details for 5150 Nine Mile Rd
- Lot size
- 0.70 lot acres
- Property type
- Land
Description
This exceptional 0.695-acre commercial land parcel, located at 5150 Nine Mile Road in Richmond, Virginia (zip code 23223), presents a unique investment opportunity. Zoned B-2, this property offers significant potential for various commercial ventures. Its strategic location provides unparalleled visibility and accessibility. Situated just 0.25 miles from a Walmart Supercenter within the Eastgate Town Center, this outparcel benefits from high traffic volume and established consumer presence. Furthermore, its proximity to a newly constructed 7-Eleven, Green Clean Car Wash, and a future Chick-fil-A further enhances its desirability. The property enjoys a fully signalized corner location, ensuring optimal visibility for any business. Convenient access to Interstates 64 and 295 provides easy connectivity to the wider Richmond metropolitan area. Across from Fairfield Middle School, this location offers a strong demographic presence. The property is available for sale or ground lease, offering flexibility to suit diverse investment strategies. This is an exceptional opportunity to acquire a highly visible and strategically located commercial lot in a thriving area of Richmond. Don't miss this chance to secure a prime piece of real estate in a rapidly developing commercial corridor.
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
- -77.3589
- Latitude
- 37.5483
