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Property profile & analytics
OFF-MARKET Estimated value $2,245,000
Super regional malls

4420 Laburnum Ave Henrico, VA 23231-2477

12,327 SF Built 2008
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US87-3117950
Property summary
AI-generated overview

This exceptional retail property, located at 4420 S Laburnum Ave in Henrico County, Virginia, offers a total of 3,200 square feet of versatile space. Currently, there are two available retail spaces, ideal for a variety of businesses. Each space offers a minimum of 1,174 square feet, with a maximum contiguous space of 1,200 square feet. A significant 2,374 square feet is currently vacant, presenting a unique opportunity for expansion or multiple tenants. The property is categorized as a multi-tenant retail building situated in the vibrant Henrico County market, offering excellent visibility and accessibility. The zip code is 23231. This location provides easy access for customers and employees alike, making it an attractive option for businesses seeking a strong presence in a thriving community. The property's size and layout offer flexibility for various retail concepts, from smaller boutiques to larger retail operations. The available space is ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations. This is a prime opportunity to secure a well-located retail space in a desirable Henrico County location. The property is classified as Retail Store.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2008
Total area 12,327 SF
Zoning code MIXE
APN 814-717-0456
UPID US87-3117950
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.25M
Owner & transaction history
Laburnum Centre LLC · 4 yrs held
Laburnum Centre LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
MIXE · Henrico, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.5M +71.3%
Auto repair, garage $2.2M +10.9%
Medical building $2.1M +1.4%
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