Technical
Financial
Distress signals
Property profile

6509 Dickens Pl Richmond, VA 23230

FOR SALE
Other warehouses
Property ID
US87-0749782
5,450 SF 0.26 ac lot Built 1982
Individually Owned Free & Clear
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Property summary

AI-generated overview

The property at 6509 & 6511 Dickens Place in Richmond consists of two adjacent buildings on a 0.258-acre lot, totaling approximately 5,450 sq ft, and is configured for automotive and light industrial use. Building #1 (6509) is approximately 48' x 59' and includes two service bays equipped with auto lifts and overhead doors measuring approximately 10'6" wide by 12' tall. Building #2 (6511) includes a main workspace approximately 48' x 37' with an additional rear section approximately 13' x 18', and features an overhead bay door approximately 10'6" x 11'. Building #2 also contains an office with a bathroom and shower, a secondary work area, and a storage room with overhead attic storage. Both buildings are served by gas heat, provide 220-volt electrical service, include exhaust ventilation, and have front and rear pedestrian doors; the office area in Building #2 is heated electrically. The site provides access to Broad Street (Route 250) and I-64, and the building layout supports multiple work areas and potential conversion to a range of commercial uses including automotive repair and contractor or light industrial operations.

Property profile

Verified
Property type Other warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1982
Total area 5,450 SF
Lot 0.26 ac (11,238 SF)
Zoning code B-3
APN 769-743-1607
UPID US87-0749782

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

6509 Dickens Pl Richmond, VA 23230
Richmond metro Census 200501 RICHMOND, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$230k

Owner & transaction history

Zoning & alternative use

B-3 · Richmond, VA
Zoning description

of community identity. The B-3 General Business District has been amended with the aim of improving aesthetics and walkability by reducing parking, increasing screening requirements, adding uses to provide services to ne…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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