2600 Dundas Rd Richmond, VA 23234
- Commercial real estate
- 2.35 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2600 Dundas Rd
- Lot size
- 2.35 lot acres
- Zone code
- C3 - COMMUNITY BUS DIST
- Property type
- Commercial real estate
- APN
- 790-68-46-92-900-000
- APU
- 790684692900000
Description
This exceptional 2.347-acre commercial land parcel presents a remarkable retail development opportunity in Richmond, Virginia. Located at 2600 Dundas Road in Chesterfield County (zip code 23234), this property boasts a highly desirable location with excellent visibility and accessibility. The land is zoned O, B, and C, offering flexibility for a variety of retail developments. The asking price is $650,000, translating to approximately $276,949 per acre, reflecting the significant value of this strategically positioned site. The property benefits from its proximity to major transportation arteries, including a signalized intersection at Dundas Road and Route 1/Emancipation Highway. Furthermore, it's less than half a mile from Route 150/Chippenham Parkway, and within four miles of Route 288 and I-95, ensuring convenient access for both customers and employees. The high volume of traffic on I-95 (Exit 67, with a VPD of 113,000) further underscores the significant potential for retail success at this location. This is a rare opportunity to acquire a prime commercial land parcel in a thriving area with strong demographics and excellent infrastructure. Don't miss this chance to capitalize on this exceptional investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $575,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $635,000
- 6.5%
- $640,000
- 7%
- $560,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $615,000
- Geo Method
- $570,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $590,000
- Retail
- $540,000
- Mixed-Use
- $545,000
- Hospitality
- $610,000
- Educational
- $600,000
- Residential Income
- $565,000
- Energy
- $645,000
- Income-Based Land
- $640,000
- Food Service
- $635,000
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Chesterfield
- State
- Virginia
- Longitude
- -77.440474
- Latitude
- 37.436355
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA