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    OFF-MARKET
    Industrial properties

    12855 Broad St Rd, Richmond, VA 23233-7402

    1,860 SF 5.29 ac lot Built 1979
    Entity Owned 8-yr Hold Absentee Owner
    Property ID
    US87-0177926
    Property summary
    AI-generated overview

    This exceptional 5.96-acre commercial land parcel presents a remarkable development opportunity in Richmond, Virginia's desirable Goochland County. Strategically located less than three miles from the bustling Short Pump Town Center, this property boasts approximately 400 feet of frontage on Broad Street Road, ensuring high visibility and accessibility. The site is ideally configured for development, featuring two outparcels on Broad Street Road, perfectly suited for retail or other commercial uses, and a larger rear parcel suitable for an office building or hotel. The B-1 zoning permits a wide range of retail and office uses, maximizing development flexibility. Infrastructure is readily available, with water and sewer services already in place, and the property is conveniently situated within the Tuckahoe Creek Service District. This location benefits from significant residential growth, with 225 new homes planned within one mile and over 500 new homes within a 2.5-mile radius, creating a robust and expanding customer base. Existing nearby retail establishments include McDonald's, Taco Bell, Truist Bank, Wells Fargo, Food Lion, and Advanced Auto Parts, further solidifying the area's commercial viability. This is a rare opportunity to acquire a well-positioned, ready-to-develop commercial land parcel in a thriving and rapidly growing area. Don't miss this chance to capitalize on the potential of this prime location.

    Property profile
    Verified
    Property type Industrial properties
    Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
    Year built 1979
    Total area 1,860 SF
    Lot 5.29 ac (230,563 SF)
    Zoning code B1-BUS/GEN
    APN 58 12 A
    UPID US87-0177926
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Nasa Holdings LLC A Virginia Limite · 8 yrs held
    Nasa Holdings LLC A Virginia Limite
    since 2018
    1 recorded transaction
    2018
    $2.1M
    Zoning & alternative use
    B1-BUS/GEN · Richmond, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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