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Property profile & analytics
OFF-MARKET
Commercial real estate

4905 Broad St Richmond, VA 23230-3401

1,518 SF 0.5 ac lot Built 1984
Entity Owned Absentee Owner Free & Clear
Property ID
US87-1028910
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Total area 1,518 SF
Lot 0.5 ac (21,693 SF)
Zoning code B-3
APN 774-737-2201
UPID US87-1028910
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
  • Moon's Auto Service Auto Repair Shop
  • Car Stop Auto Of Richmond Car Dealership
  • BASIC AUTO RVA Car Dealership
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
HUMMER ENTERPRISES LLC
HUMMER ENTERPRISES LLC
Zoning & alternative use
B-3 · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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