1205 25Th St Richmond, VA 23223
- Commercial land
- 1,296 SF
- 0.05 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1205 25Th St
- Year built
- 1910
- Lot size
- 0.05 lot acres
- Property size
- 1,296 SF
- Zone code
- B-2 COMMUNITY BUSINESS
- Property type
- Commercial land
- APN
- E-000-0561-021
- APU
- E0000561021
Description
This exceptional 0.05-acre lot at 1205 N 25th Street in Richmond, Virginia presents a unique investment opportunity in the vibrant North Church Hill neighborhood. Boasting 17 feet of frontage on the bustling 25th Street commercial corridor, this property benefits from high visibility and pedestrian traffic. Its strategic location places it just one block south of the 25th Street Market and Apartments at Nine Mile Road, ensuring convenient access to a diverse customer base. The Medical College of Virginia (MCV) and Virginia Commonwealth University (VCU) are a short 1.2-mile distance to the west, further enhancing the property's appeal. Adding to its convenience, a commuter stop is situated directly in front of the lot, providing easy access to the planned MCV switching station and the broader Metro Richmond transportation network. All essential utilities are readily available, including sidewalks, streetlamps, public water, and sewer. The lot's dimensions and zoning regulations allow for mixed-use development, making it suitable for a variety of commercial ventures. The property is particularly well-suited for food trucks, offering a convenient and high-traffic location for mobile food businesses. This is an exceptional opportunity to acquire a strategically located lot in a rapidly growing area of Richmond. The asking price is $175,000.
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
- -77.411
- Latitude
- 37.5394
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
