2811 Rady St Richmond, VA 23222
- Industrial land
- 22.87 lot acres
Current Use by Public Records
- Industrial land
Property Details for 2811 Rady St
- Lot size
- 22.87 lot acres
- Zone code
- MULTIPLE ZONING
- Property type
- Industrial land
- APN
- N-000-0720-017
- APU
- N0000720017
Description
This exceptional 11.43-acre industrial land parcel in Richmond, VA, offers a unique investment opportunity. Located on Rady Street and zoned M2, this property presents the potential for sale or lease of individual lots, or the development of build-to-suit structures. A key advantage is the potential for rail service, a rare asset in this market. Current ownership is actively preparing the site, including clearing, leveling, grading, road and utility installation, and collaborating with rail authorities to establish a rail spur. Marketing efforts are planned for the summer, aiming to secure tenants or sell completed lots/yards. Beyond industrial use, the site's zoning allows for potential up-zoning to accommodate dense residential development, making it particularly attractive for LIHTC projects. This pre-development phase offers a chance to secure a prime location within this exciting project. The property is situated in Richmond County, VA, with a zip code of 23222. Interested parties are encouraged to explore the various options available.
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
- -77.4125
- Latitude
- 37.5661
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
