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Property profile & analytics
OFF-MARKET
Specialty properties

3810 Meadowbridge Rd Richmond, VA 23222-2127

6,556 SF 2.04 ac lot Built 1953
Individually Owned 4-yr Hold Free & Clear
Property ID
US87-3951122
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1953
Total area 6,556 SF
Lot 2.04 ac (88,645 SF)
Zoning code B-3
APN 794-737-7079
UPID US87-3951122
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Capitol Christian Deliverance Cente · 4 yrs held
Capitol Christian Deliverance Cente
since 2022
5 recorded transactions
2022
Price N/A
2009
Price N/A
2007
Price N/A
2007
Price N/A
2006
$136,000
Zoning & alternative use
B-3 · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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