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Property profile & analytics
OFF-MARKET
Land

5409 Brook Rd Richmond, VA 23227

1.55 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.55 ac (67,518 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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