4816 Coleman Rd, Richmond, VA 23230
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.