4150 Tom Leonard Dr Glen Allen, VA 23060
This exceptional 1.52-acre commercial land parcel presents a remarkable investment opportunity in the thriving Short Pump area of Glen Allen, Virginia. Located at 4150 Tom Leonard Drive, zip code 23060, this M-1 zoned property boasts unparalleled visibility and accessibility. Its strategic location directly adjacent to Tom Leonard's Farmer's Market ensures high foot traffic and brand recognition. The property is also situated across from West Broad Village, a bustling retail center, and enjoys convenient access to Interstate 64 via nearby highway exits. This prime location is surrounded by a concentration of major grocery stores including Whole Foods, Trader Joe's, Fresh Market, Publix, Kroger, Lidl, and Aldi, creating a dense and desirable retail environment. The asking price is $1,750,000, translating to approximately $1,151,316 per acre. This represents a significant opportunity for developers seeking to capitalize on the area's robust commercial growth and strong consumer base. The property's size and zoning make it ideal for a variety of commercial retail developments. Don't miss this chance to secure a premier location in one of Richmond's most sought-after commercial districts.
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Tom Leonard's Farmer's Market Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
M-1 · Glen Allen, VAGlen Allen. Always verify with local authorities before improvements.
Costs & 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.