120 20Th St Richmond, VA 23224
- Commercial land
- 0.18 lot acres
Current Use by Public Records
- Commercial land
Property Details for 120 20Th St
- Lot size
- 0.18 lot acres
- Zone code
- B-3 GENERAL BUSINESS
- Property type
- Commercial land
- APN
- S-000-0293-019
- APU
- S0000293019
Description
This exceptional 0.09-acre commercial lot presents a unique investment opportunity in the heart of Richmond, VA. Situated on the highly visible corner of 20th Street and Jefferson Davis Highway, this property boasts unparalleled exposure to a large volume of daily traffic. The flat parcel is conveniently equipped with readily available water and sewer connections at the street, simplifying development and reducing upfront infrastructure costs. Currently zoned B3, this versatile property offers a wide array of potential business uses, making it an ideal canvas for entrepreneurs and investors alike. Its prime location ensures high visibility and accessibility, attracting a diverse customer base. The asking price of $75,000 represents a compelling entry point into the Richmond commercial real estate market, offering significant potential for future appreciation and strong rental income. Don't miss this chance to acquire a strategically located property with substantial development potential in a thriving urban area. Serious inquiries are encouraged to explore the possibilities this exceptional lot presents.
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
- Richmond City
- State
- Virginia
- Longitude
- -77.4487
- Latitude
- 37.5156
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
