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Property profile & analytics

3810 Meadowbridge Rd Richmond, VA 23222

  • Specialty properties
  • 6,556 SF
  • 2.04 lot acres
For Sale
Last Sale
Apr 19, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-3951122
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

  • 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

based on Realmo’s proprietary methodology
  • 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

Get a detailed, property-specific valuation — fast and free


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

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
$5,160
$371,600
$228,400
$600,000
-
$371,600
$228,400
$600,000
More about this property
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