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    OFF-MARKET
    Commercial real estate

    9214 Quioccasin Rd, Richmond, VA 23229

    1.63 ac lot
    Property ID
    US87-0890473
    Property summary
    AI-generated overview

    This exceptional 1.634-acre parcel in Henrico County's West End, Virginia, presents a prime development opportunity. The property, located at 9214 Quioccasin Rd, Richmond, VA 23229 (APN: 750-746-3624 & 750-746-3104), is zoned R-6 & O-1C, allowing for both residential and commercial development. Site plans are approved for up to 20 townhouse lots, with utility easements recorded and wetland/stream credits already secured, ensuring a streamlined development process. The site includes a commercially-zoned parcel with an existing single-tenant office building. This infill development opportunity is minutes from the recently redeveloped Regency mall, providing convenient access to retail, dining, and entertainment. The area boasts strong schools, healthcare access, and robust economic growth, promising high yield returns. Proximity to Deep Run Park and other recreational facilities enhances the desirability of the residential component. Importantly, this project qualifies as an Opportunity Zone, offering significant tax incentives. Municipal water is available at the street. Begin construction immediately and capitalize on the area's strong market demand. This is a rare chance to develop in a highly sought-after location.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.63 ac (71,177 SF)
    APN 750-746-3624 & 750-746-3104
    UPID US87-0890473
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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