Technical
Financial
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Property profile

10621 Iron Bridge Rd Chester, VA 23831

FOR SALE
Land
Property ID
US87-1170540
2.55 ac lot
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Property summary

AI-generated overview

This exceptional 2.546-acre commercial land parcel presents a remarkable investment opportunity in Chester, Virginia. Strategically located on Iron Bridge Road, a top retail corridor in the Richmond area, this property boasts unparalleled visibility and accessibility. The "A" zoning permits a wide range of commercial development options, making it ideal for businesses seeking a high-traffic location. Its proximity to a high-performing Kroger grocery store ensures strong consumer traffic and established local demand. The site benefits from a significant daytime workforce, with over 35,000 employees within a 5-mile radius, providing a substantial customer base for any commercial venture. Utilities are conveniently located on-site, simplifying development and reducing initial infrastructure costs. This property offers developers a unique chance to capitalize on a thriving retail environment and a robust local economy in a highly desirable Chesterfield County location. The address is 10621 Iron Bridge Rd, Chester, VA 23831. This prime location, combined with its size and zoning, makes this a truly exceptional opportunity for commercial development.

Property profile

Verified
Property type Land
Lot 2.55 ac (110,904 SF)
UPID US87-1170540

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10621 Iron Bridge Rd Chester, VA 23831
Chester metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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