4816 S Laburnum Ave, Richmond, VA 23231
- Super regional malls
- 59,480 SF
- 11.73 lot acres
Current Use by 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
Property Details for 4816 S Laburnum Ave
- Year built
- 1980
- Lot size
- 11.73 lot acres
- Zone code
- B-2
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- 815-714-7661
- APU
- 8157147661
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 2, 2019 | — | Whlr-laburnum Square LLC | — | Deed · related | $7.7M · Grass Riv R/e Credit Ptrs Ln F |
| Dec 19, 2005 | $10,000,000 | Laburnum Square LLC | Fw Va-laburnum Square LLC | Grant Deed · related | — |
| Dec 16, 2005 | $1,000,000 | Laburnum Square L L C | Fw Va Laburnum Square L L | Warranty Deed · related | $8.8M · U S Bank Ntl Assoc |
| Jun 16, 2005 | $13,584,906 | Fw Va-laburnum Square LLC | Fw Mcw-reg II Hldgs LLC | Grant Deed | — |
| — | — | Whlr-laburnum Square LLC | — | Deed Of Trust · related | $7.7M · Grass Riv R/e Credit Ptrs Ln F |
Description
Laburnum Square, a vibrant 109,405 square foot shopping center in Richmond, Virginia, presents a compelling investment opportunity. Located at 4816 S Laburnum Ave, zip code 23231, this multi-tenant property sits on an 11.73-acre lot in Henrico County. Built in 1978, the center offers 575 parking spaces for ample customer convenience. Currently, there are 3,360 square feet of vacant space available, with two spaces ranging from 2,000 to 3,780 square feet. The property benefits from a high-traffic location at a signalized intersection of S. Laburnum Avenue (29,632 AADT) and Williamsburg Road (14,130 AADT), ensuring exceptional visibility and accessibility. A diverse tenant mix includes established national, regional, and local businesses such as Kroger, Dollar General, Taylor's Do it Center, Boost Mobile, Rent-A-Center, America's Best Wings, and Skrimp Shack, creating a strong and well-established retail environment. The center's impressive visit frequency of 5.72 demonstrates its enduring appeal and customer loyalty. This property offers a unique chance to capitalize on a thriving retail location with significant foot traffic and a proven track record of success. The available space provides an excellent opportunity for expansion or new business ventures within a well-established and successful shopping center.
Value Estimations
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $9,770,000 Current use
- MEDICAL BUILDING
- $9,910,000 Change: +1% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $9,560,000 Change: -2% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $9,390,000 Change: -4% Conversion: Easy
- OFFICE BUILDING
- $8,795,000 Change: -10% Conversion: Moderate
- RETAIL STORES
- $8,570,000 Change: -12% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Henrico
- County
- Henrico
- State
- Virginia
- Longitude
- -77.3524
- Latitude
- 37.5191
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
