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    OFF-MARKET
    Commercial real estate

    4816 Coleman Rd, Richmond, VA 23230

    3.1 ac lot
    Property ID
    US87-0978615
    Property summary
    AI-generated overview

    This exceptional 3.102-acre mixed-use property at 4816 Coleman Road in Richmond, Virginia (zip code 23230), offers unparalleled flexibility and a strategic location. Currently zoned M-1 (light industrial), this site presents a unique opportunity for various development scenarios. Its proximity to Staples Mill Road and I-64 ensures excellent highway access, connecting businesses to major transportation arteries. The property benefits from a vibrant surrounding area, including the nearby Libbie Mill Midtown development, offering a blend of residential, retail, and medical facilities. The site's zoning regulations include a 25-foot front yard setback, 15-foot side yard setbacks (adjacent to residential areas), and a 30-foot rear yard setback. The rear yard setback can be accommodated along the eastern property line (abutting M-1 zoned land) or the northern property line (adjacent to I-64). The owner is open to selling, leasing, or undertaking a build-to-suit project. Furthermore, the owner is willing to collaborate on rezoning efforts for residential development, making this a versatile opportunity for industrial, retail, mixed-use, or residential projects, including senior housing. This large lot presents a compelling investment opportunity in a thriving Richmond location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3.1 ac (135,123 SF)
    UPID US87-0978615
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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