5409 Brook Rd Richmond, VA 23227
This 1.55-acre parcel of land, located at 5409 Brook Road in Richmond, Virginia (zip code 23227), presents a prime opportunity for retail or flex development. The property is situated in Henrico County and boasts a B-3 zoning designation. The land has already undergone rough grading, significantly reducing site preparation costs and expediting the development process. The asking price for this exceptional property is $585,000. Its convenient location in Richmond offers excellent access to major transportation routes and a thriving consumer base, making it an attractive investment for developers seeking a high-return project. The property's size and zoning allow for a variety of development options, catering to diverse business needs. This is a rare opportunity to acquire a ready-to-develop site in a desirable location, offering significant potential for future growth and profitability. Serious inquiries are encouraged.
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
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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.