4905 Broad St Richmond, VA 23230-3401
This exceptional 2,130-square-foot retail property, located in the desirable Willowlawn submarket (Northwest cluster), is available for lease starting November 1, 2024. Situated on a 0.46-acre lot, this Class A building boasts a single-tenant occupancy and ample parking with 75 spaces. Built in 1984 and extensively renovated in 2023, the property is zoned B3 and offers a versatile layout ideal for various retail uses. Previously operating as a used car dealership for four decades, the building features two offices and two wash bays, making it particularly well-suited for automotive-related businesses. The strategic location provides excellent street visibility with three convenient entrances: one facing Broad Street and two additional access points on Caskie Street at the rear of the property. This presents a unique opportunity for a car dealership, car rental agency, or redevelopment under the existing B3 zoning. The property's recent renovation ensures modern amenities and functionality, providing a turnkey solution for a discerning tenant. The substantial parking capacity caters to high customer traffic, enhancing the overall operational efficiency. This prime retail space offers a blend of established infrastructure and modern upgrades, presenting a compelling investment opportunity in a thriving Northwest submarket.
-
Moon's Auto Service Auto Repair Shop
-
Car Stop Auto Of Richmond Car Dealership
-
BASIC AUTO RVA Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Richmond, VARichmond. Always verify with local authorities before improvements.
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.