7 Cowardin Ave Richmond, VA 23224
For Sale
1 / 53
Property summary
This exceptional 0.33-acre commercial property located at 7 Cowardin Ave, Richmond, VA 23224 presents a compelling investment opportunity. The 1,528 square foot retail building, constructed in 1975, sits on a corner lot at the intersection of Cowardin Avenue and Bainbridge Street, offering excellent visibility and accessibility. The property is zoned B-3, allowing for a variety of potential uses and redevelopment options. Its strategic location within a designated Opportunity Zone further enhances its investment appeal, providing potential tax advantages. The existing structure provides a solid foundation for immediate income generation or a complete redevelopment project, catering to the evolving needs of the vibrant Manchester neighborhood. The property's size and zoning provide significant flexibility for future development, making it an attractive proposition for investors seeking a prime location with substantial upside potential. This is a rare chance to acquire a well-situated commercial property in a rapidly growing area of Richmond. The 0.33-acre lot offers ample space for expansion or redevelopment, aligning perfectly with the dynamic commercial landscape of the city. This property is ready for its next chapter.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B-3 GENERAL BUSINESS · Richmond, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-3 GENERAL BUSINESS in Richmond, VA.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
