3820 Old Williamsburg Rd Sandston, VA 23150
- Industrial properties
- 7,648 SF
- 5.81 lot acres
Current Use by Public Records
- East End Fixture Co / Cabinet Store
Property Details for 3820 Old Williamsburg Rd
- Year built
- 1962
- Lot size
- 5.81 lot acres
- Property size
- 7,648 SF
- Zone code
- M-1C
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 846-712-3955
- APU
- 8467123955
Description
This exceptional 5.81-acre property at 3820 Old Williamsburg Rd, Sandston, VA 23150, offers a unique investment opportunity. Currently featuring a 7,648 square foot building, the property boasts Mixed zoning, allowing for diverse uses. Approved plans exist for a mini-storage facility, capitalizing on the high-traffic location. The site benefits from excellent visibility and accessibility, situated just 3.25 miles from Richmond International Airport. High daily traffic counts are a significant advantage, with 12,000 vehicles passing on East Williamsburg Road and a remarkable 78,000 vehicles daily on I-64. The property's APN is 846-712-3955. This owner/user investment opportunity is priced at $1,650,000 and presents a compelling case for immediate action. Detailed site plans for the proposed mini-storage are available upon request. This versatile property is ideal for entrepreneurs seeking a high-return investment in a thriving location. Don't miss this chance to acquire a prime piece of commercial real estate in Henrico County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $435,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $325,000
- Geo Method
- $370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $455,000
- Retail
- $480,000
- Mixed-Use
- $380,000
- Hospitality
- $450,000
- Educational
- $425,000
- Residential Income
- $385,000
- Energy
- $420,000
- Income-Based Land
- $440,000
- Food Service
- $485,000
Location Insight
- Map
- Local Demand
- City
- Sandston
- County
- Henrico
- State
- Virginia
- Longitude
- -77.2467
- Latitude
- 37.5124
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA