1005 Commerce Rd | Richmond, VA 23224
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1005 Commerce Rd
Richmond, VA 23224
Industrial Property For Sale
Investment Highlights
- Proximity to James River, flood wall and bike trails
- Access to Public Transportation along Commerce RD
- New retail and creative offices along 14th ST
- 1.5 Miles from Richmond’s Central Business District
Executive Summary
1005 Commerce Rd. is located in the Priority Growth Node of Manchester within the city of Richmond, identified as one of Richmond’s top growth hubs for commercial and residential activity over the next decade. Only 1.5 miles from Richmond’s Central Business District and easily accessible from I-95’s new Maury St. roundabout, 1005 Commerce Rd., is nestled in a growing community including a 9-story apartment building planned on 3.47 acres to the West, and LaDIFF, Richmond’s premier furniture retailer, to the South. Situated by numerous outdoor amenities, its proximity to Downtown, and new retail shops in the surrounding
neighborhood are quickly transforming the Manchester area around 1005 Commerce.
neighborhood are quickly transforming the Manchester area around 1005 Commerce.
PROPERTY FACTS
Sale Type | Investment or Owner User | No. Stories | 1 |
Sale Conditions | Redevelopment Project | Year Built | 1900 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Manufacturing | Parking Ratio | 1.33/1,000 SF |
Building Class | C | No. Dock-High Doors/Loading | 2 |
Lot Size | 2.17 AC | No. Drive In / Grade-Level Doors | 3 |
Rentable Building Area | 22,500 SF | Opportunity Zone |
Yes
|
Sale Type | Investment or Owner User |
Sale Conditions | Redevelopment Project |
Property Type | Industrial |
Property Subtype | Manufacturing |
Building Class | C |
Lot Size | 2.17 AC |
Rentable Building Area | 22,500 SF |
No. Stories | 1 |
Year Built | 1900 |
Tenancy | Single |
Parking Ratio | 1.33/1,000 SF |
No. Dock-High Doors/Loading | 2 |
No. Drive In / Grade-Level Doors | 3 |
Opportunity Zone |
Yes |
Amenities
- Bus Line
- Fenced Lot
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $224,000 | |
Land Assessment | $522,000 | Total Assessment | $746,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$522,000
Improvements Assessment
$224,000
Total Assessment
$746,000
zoning
Zoning Code | M-2 (Heavy Industrial) |
M-2 (Heavy Industrial) |
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