7061 Cmns Plz Chesterfield, VA 23832
This exceptional 84,094 square foot retail property, located at 7061 Commons Plaza in Chesterfield, Virginia (zip code 23832), presents a compelling investment opportunity. Classified as a Class B building, it features a mix of tenancies within a free-standing building and shopping center configuration, zoned C-3. Currently, there is 4,500 square feet of vacant space available, divisible into units ranging from 2,125 to 4,500 square feet, ideal for a variety of retail uses. The property boasts a prime location at the signalized intersection of Ironbridge Road (Route 10) and Beach Road, ensuring high visibility and accessibility. This strategic location places the property within the heart of Chesterfield County's most significant residential growth area, guaranteeing a robust daytime population and consistent customer traffic. Furthermore, its proximity to Route 288 provides convenient access for both customers and employees. This well-positioned retail center offers a unique chance to capitalize on a thriving market in a rapidly developing area of Chesterfield County. The property's size and flexible space options make it suitable for a range of retail businesses seeking a prominent location with excellent visibility and accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.