4415 Laburnum Ave Henrico, VA 23231-2419
- Turn key restaurants
- 7,190 SF
- 1.80 lot acres
Apr 18, 2022
Current Use by Public Records
- Red Lobster / Seafood Restaurant / American Restaurant
Property Details for 4415 Laburnum Ave
- Year built
- 2009
- Lot size
- 1.80 lot acres
- Property size
- 7,190 SF
- Zone code
- B-3C
- Property type
- Turn key restaurants
- APN
- 814-718-1146
- APU
- 8147181146
Description
This exceptional 7,189 square foot restaurant property, located at 4415 S Laburnum Ave in Richmond, Virginia, presents a unique investment opportunity. Built in 2009, this single-story building sits on a 1.802-acre lot and is zoned B-3C, allowing for a variety of commercial uses. Previously a Red Lobster, the space offers a turnkey solution for established or aspiring restaurateurs. The property boasts excellent visibility along Laburnum Avenue, a high-traffic thoroughfare with over 32,000 vehicles passing daily, ensuring significant exposure to potential customers. The sale includes the property itself, and options for lease or ground lease are also available. The property is subject to the White Oak Village Operating Agreement/ECCR. This prime location in Henrico County, with its zip code 23231, offers easy access to a large customer base and presents a compelling opportunity for significant return on investment. The asking price for this remarkable property is $4,500,000. Serious inquiries are encouraged.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,785,000
- ML approach
- $3,940,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,453,000
Market price range: $906k - $3.38M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Henrico
- County
- Henrico
- State
- Virginia
- Longitude
- -77.3578
- Latitude
- 37.5299
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
