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Property profile & analytics
OFF-MARKET Estimated value $3,980,000
Turn key restaurants

4415 Laburnum Ave Henrico, VA 23231-2419

7,190 SF 1.8 ac lot Built 2009
Entity Owned ~ Est. High Equity
Property ID
US87-1011135
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2009
Total area 7,190 SF
Lot 1.8 ac (78,495 SF)
Zoning code B-3C
APN 814-718-1146
UPID US87-1011135
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.94M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.45M
Blend (final) Blend
$3.98M
Owner & transaction history
Hedgebase Ai Richmond Va LLC
Hedgebase Ai Richmond Va LLC
since 2025
Last sale
$4.9M
4 recorded transactions
2025
$380,000
2022
Price N/A
2015
$4.9M
2014
$3.4M
Zoning & alternative use
B-3C · Henrico, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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