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    Property profile & analytics

    5701 Greendale Rd Richmond, VA 23228

    • Warehouses
    • 22,204 SF
    • 1.15 lot acres
    For Lease
    View listing
    $9 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US87-1233996
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • G.L.C. / Warehouse Store

    Property Details for 5701 Greendale Rd

    Year built
    2000
    Lot size
    1.15 lot acres
    Property size
    22,204 SF
    Zone code
    M-1
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    775-745-7183
    APU
    7757457183

    Description

    This exceptional 22,204-square-foot warehouse, located at 5701 Greendale Road in Richmond, Virginia, presents a significant opportunity for businesses seeking efficient and spacious industrial space. The property is a single-tenant building, offering complete control and flexibility. Constructed in 2000, the Class B warehouse boasts impressive features including ceiling heights ranging from 20 to 24 feet, providing ample vertical storage capacity. Three loading docks and one drive-in door ensure seamless loading and unloading operations, optimizing logistical efficiency. Ample parking is available with 16 spaces designated for the property. Situated in Henrico County, the property benefits from convenient access to major transportation routes, enhancing distribution capabilities. The entire 22,204 square feet is currently vacant, making it ideal for immediate occupancy. This warehouse is perfect for a variety of industrial uses and offers a compelling combination of size, functionality, and location. The property's zip code is 23228.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.4893
    Latitude
    37.6062
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $12,842
    $137,400
    $1,314,300
    $1,451,700
    -
    $137,400
    $1,314,300
    $1,451,700

    Comparable in this City

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      5,816 SF

      8040 Kimway Dr

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      $650,000
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      6906 School Ave

      MINI-WAREHOUSE, STORAGE • 6,436 SF
      6906 School Ave, Henrico, VA 23228-4922
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    • Value Estimation by Request
      332,095 SF

      7420 Ranco Rd

      MINI-WAREHOUSE, STORAGE • 332,095 SF
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    • Value Estimation
      $465,000
      20,300 SF

      2810 Ackley Ave

      MINI-WAREHOUSE, STORAGE • 20,300 SF
      2810 Ackley Ave, Henrico, VA 23228-2146
      View Details
    • Value Estimation
      $910,000
      47,655 SF

      3001 Parham Rd

      MINI-WAREHOUSE, STORAGE • 47,655 SF
      3001 Parham Rd, Henrico, VA 23228-2912
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      1,875 SF

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    • $9 SF/Yr
      22,204 SF

      Richmond Warehouse - 22,204 SF

      Modern warehouse, excellent location, immediate occupancy.
      5701 Greendale Rd, Richmond, VA 23228
      View Details
    • Contact for pricing
      5,000 SF

      Richmond Industrial Flex Space Available

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    5701 Greendale Rd
    Richmond, VA 23228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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