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    8943 Staples Ml Rd Henrico, VA 23228

    • Automotive properties
    • 7,930 SF
    • 1.22 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    May 31, 2023
    $19,400,000
    Location Intelligence
    Property ID
    US87-2315798
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Automotive properties

    Property Details for 8943 Staples Ml Rd

    Year built
    2018
    Lot size
    1.22 lot acres
    Property size
    7,930 SF
    Zone code
    B-2C
    Property type
    Automotive properties
    APN
    769-756-3889
    APU
    7697563889

    Description

    This exceptional 96,343 square foot shopping center, located in Henrico County, presents a prime retail investment opportunity. The property boasts a highly desirable location, shadow-anchored by a Target and Food Lion, ensuring consistent customer traffic. Multiple spaces are available, ranging from a minimum of 1,258 square feet to a maximum contiguous space of 7,467 square feet, providing flexibility for various retail concepts. Currently, 15,401 square feet of space is vacant. The center benefits from excellent visibility and accessibility, featuring pylon signage opportunities on Staples Mill Road and signalized access for convenient ingress and egress. The high traffic volume on Staples Mill Road, averaging 25,000 vehicles per day, guarantees significant exposure for tenants. This is an ideal location for businesses seeking high visibility and a strong customer base in a thriving retail environment. The property's strategic positioning and ample space make it an attractive option for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.5107
    Latitude
    37.6367
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,441
    $596,900
    $1,504,400
    $2,101,300
    -
    $596,900
    $1,504,400
    $2,101,300

    Comparable in this City

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      $595,000
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      8409 Staples Ml Rd Ste B

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    • Value Estimation
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      9411 Old Staples Ml Rd

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    • Value Estimation by Request
      17,640 SF

      9407 Old Staples Ml Rd

      AUTO REPAIR, GARAGE • 17,640 SF
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    • Value Estimation
      $345,000
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      5308 Lakeside Ave

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      View Details

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    Henrico, VA 23228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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