3810 Meadowbridge Rd Richmond, VA 23222
- Specialty properties
- 6,556 SF
- 2.04 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 3810 Meadowbridge Rd
- Year built
- 1953
- Lot size
- 2.04 lot acres
- Property size
- 6,556 SF
- Zone code
- B-3
- Property type
- Specialty properties
- APN
- 794-737-7079
- APU
- 7947377079
Description
This exceptional 2.19-acre commercial property in Richmond, VA, presents a unique mixed-use opportunity. The property boasts a 6,556 square foot, single-story concrete building situated on a slab foundation with a metal roof. Ample parking is available with approximately 100 paved spaces. The building itself features an open foyer, five large rooms, a kitchen, an ADA-compliant restroom, men's and women's restrooms, and rear storage. Its strategic location offers excellent visibility and accessibility, with three-way access from Richmond-Henrico Turnpike, Meadowbridge Road, and Savannah Road, ensuring convenient ingress and egress from heavily trafficked corridors. The property is conveniently located just 0.5 miles from the Amazon Robotics Center and Richmond International Raceway, benefiting from the high traffic and growth in the area. Zoned B-3, this location is designed for a blend of commercial, automotive, and recreational uses, aligning perfectly with the current and projected development trends. The surrounding area is experiencing significant growth, with new residential and commercial developments underway. Further enhancing the area's appeal is a major roadway improvement project on Azalea Avenue, across Laburnum from the property, which includes the addition of bike lanes, streetlights, and a new water main. This property offers significant potential for a variety of commercial ventures, capitalizing on its prime location and the ongoing development within the community. The asking price is $1,500,000.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $225,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $198,000
Market price range: $152k - $358k -
Alternative Use
- Use
- Estimation
- CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
- $265,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Henrico
- State
- Virginia
- Longitude
- -77.424
- Latitude
- 37.5835
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA