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    Property profile & analytics
    OFF-MARKET Estimated value $3,500,000
    Industrial properties

    6290 Old Warwick Rd, Richmond, VA 23224-1473

    38,899 SF 2.22 ac lot Built 1985
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US87-3667050
    Property summary
    AI-generated overview

    This exceptional flex space, located at 6290 Old Warwick Road, offers 4,836 square feet of versatile commercial space, ideal for a variety of businesses. The property is part of a larger industrial building totaling 38,056 square feet, built in 1960 and situated on a 2.25-acre lot. The space is currently vacant and ready for immediate occupancy in the first quarter of 2025. The layout includes approximately 3,600 square feet of warehouse space and 1,236 square feet of office space. The warehouse boasts a 13-foot clear height, providing ample room for storage and operations. Access is facilitated by two 10-foot high by 12-foot wide overhead doors. The property is zoned B-6, allowing for a wide range of permitted uses. Its convenient location near Chippenham Parkway ensures excellent accessibility and visibility. This single-story building offers a unique opportunity to establish or expand your business in a well-located and functional industrial space. The property features two loading docks, making loading and unloading efficient and convenient. This is a rare opportunity to secure a well-maintained flex space in a desirable location. Don't miss out on this chance to secure your business's future.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1985
    Construction TYPE NOT SPECIFIED
    Total area 38,899 SF
    Lot 2.22 ac (96,573 SF)
    Zoning code MULTIPLE ZONING
    APN C-006-0957-020
    UPID US87-3667050
    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
    • Boombox Recording Studio Recording Studio
    • Archer Exteriors General Contractor
    • COUGOT'S CHIMNEY SERVICE General Contractor Renovation Specialist
    • Aptive Environmental Garden Center
    • Church Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.08M
    CAP Approach CAP
    $3.80M
    Comparable Approach Comparable
    $2.63M
    Blend (final) Blend
    $3.50M
    Owner & transaction history
    Ha Old Warwick LLC · 3 yrs held
    Ha Old Warwick LLC
    since 2022
    Last sale
    $3.7M
    5 recorded transactions
    2024
    2022
    $3.7M
    2021
    2020
    $1.9M
    2007
    $1.8M
    Zoning & alternative use
    MULTIPLE ZONING · Richmond, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $5.8M +43.5%
    Commercial (general) $4.2M +4.2%
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