Technical
Financial
Distress signals
Property profile

7411 W Broad St Richmond, VA 23294

FOR LEASE
Industrial land
Property ID
US87-0568916
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2.1-acre commercial land parcel presents a prime opportunity in Richmond, Virginia. Located at 7411 W Broad St, this hard corner lot boasts excellent visibility and accessibility due to its strategic location at the intersection of W Broad Street and Willard Rd. The property is zoned M-1, offering flexibility for a variety of commercial developments. This single-tenancy site is ideal for ground lease, build-to-suit projects, or outright sale. Its substantial size provides ample space for a significant development, catering to businesses seeking a high-traffic location. The property's location within Henrico County, Virginia, ensures access to a thriving market and strong infrastructure. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing area of Richmond. The property's prominent location and flexible development options make it an attractive investment for both short-term and long-term growth. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The zip code for this property is 23294.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Zoning code M-1
APN 765-749-9512
UPID US87-0568916

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
  • Car Dealership

Location

7411 W Broad St Richmond, VA 23294
Richmond metro Census 200305 RICHMOND, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Zoning & alternative use

M-1 · Henrico, VA

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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