3201 Broad Rock Rd Richmond, VA 23224-3501
This 693-square-foot free-standing commercial building is situated in a rapidly growing Richmond neighborhood, near downtown, the VA Hospital, and abundant amenities. Its location at a busy intersection ensures high visibility and ample foot traffic. The property features large front windows maximizing exposure, and a rear outdoor patio area suitable for additional seating or displays. On-street parking provides convenient access for customers and employees. The flexible floor plan is ideal for a variety of businesses, from retail shops and cafes to studios and salons. The 0.02-acre lot offers potential for future expansion. This building presents a unique opportunity to establish a business in a thriving community experiencing significant residential development, promising strong investment potential and a high return. The asking price is $134,950.
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Christ Christian Church Ministries Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-5 SINGLE FAMILY · Richmond, VACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.