1603 Ownby Ln
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1603 Ownby Ln
31,300 SF 100% Leased Industrial Building Richmond, VA 23220 $7,200,000 ($230/SF)
Investment Highlights
- B-7 Zoning allows for multi-family, office, hotel, warehouse and distribution.
- The Diamond District will include a 180-room hotel, 1,100 multi-family units, offices and 58,000 SF of retail space.
- Park RVA Entertainment Center nearby.
- New VCU Athletic Village and New Baseball Stadium will begin construction in 2024.
- New condo and multi-family development built across the street.
- Masonry building with two loading docks.
Property Facts
| Price | $7,200,000 | Rentable Building Area | 31,300 SF |
| Price Per SF | $230 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1942 |
| Sale Conditions | Redevelopment Project | Parking Ratio | 2.56/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 32 FT |
| Property Subtype | Distribution | No. Dock-High Doors/Loading | 3 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 3.89 AC |
| Price | $7,200,000 |
| Price Per SF | $230 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 3.89 AC |
| Rentable Building Area | 31,300 SF |
| No. Stories | 1 |
| Year Built | 1942 |
| Parking Ratio | 2.56/1,000 SF |
| Clear Ceiling Height | 32 FT |
| No. Dock-High Doors/Loading | 3 |
| Opportunity Zone |
Yes |
Amenities
- Cooler
- Fenced Lot
- Freezer (Space)
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Bike Score ®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | N000-1294-056 | Improvements Assessment | $589,000 |
| Land Assessment | $2,076,000 | Total Assessment | $2,665,000 |
PROPERTY TAXES
Parcel Number
N000-1294-056
Land Assessment
$2,076,000
Improvements Assessment
$589,000
Total Assessment
$2,665,000
zoning
| Zoning Code | B-7 |
| B-7 |
-
Reid Cardon -
Nathan Shor -
S.L. Nusbaum Realty Co.
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1603 Ownby Ln
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