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4218-4224 W Broad St

1.64 Acres of Commercial Land Offered at $3,250,000 in Richmond, VA 23230

Investment Highlights

  • Excellent monthly income with six long-term tenants.
  • W. Broad St - 24,000 VPD; I-195 - 74,000 VPD.
  • Property is fully leased (no long-term leases).
  • ±256' frontage on W. Broad Street.

Executive Summary

Excellent Scotts Addition Redevelopment Site.

Data Room Click Here to Access

Property Facts

Price $3,250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Master Planned Community
Total Lot Size 1.64 AC

1 Lot Available

Lot

Price $3,250,000
Price Per AC $1,981,707
Lot Size 1.64 AC

Excellent West Broad Street Development Opportunity in the Scott's Addition market area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
N000-2001-014
Land Assessment
$1,231,000
Improvements Assessment
$324,000
Total Assessment
$1,555,000

zoning

Zoning Code TOD-1
TOD-1
  • Listing ID: 32199000

  • Date on Market: 6/20/2024

  • Last Updated:

  • Address: 4218-4224 W Broad St, Richmond, VA 23230

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