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Former Jiffy Lube 1190 Laburnum Ave 1,792 SF Retail Building Richmond, VA 23223 $975,000 ($544.08/SF)
Investment Highlights
- Second-gen auto service property with potential for immediate occupancy or new operator backfill.
- ±200,000 residents within a five-mile radius with continued residential growth.
- Fee simple ownership of land and improvements with long-term investment flexibility.
- Zoned B-2C — accommodates retail, restaurant, office, automotive, hotel/motel, and more.
- Surrounded by Wawa, 7-Eleven, Dollar Tree, CVS, Taco Bell, and other national brands.
- ±28,000 vehicles per day along North Laburnum Avenue for outstanding visibility.
Executive Summary
Kyle Matthews
License # 225225982, 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 225225982, 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,792 SF
Building Class
C
Year Built
2002
Price
$975,000
Price Per SF
$544.08
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.96 AC
Zoning
B-2C
Parking
9 Spaces (5.02 Spaces per 1,000 SF Leased)
Frontage
147’ on Laburnum Ave
Amenities
- Dedicated Turn Lane
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 808-729-9048 | Improvements Assessment | $483,800 |
| Land Assessment | $262,900 | Total Assessment | $746,700 |
Property Taxes
Parcel Number
808-729-9048
Land Assessment
$262,900
Improvements Assessment
$483,800
Total Assessment
$746,700
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Former Jiffy Lube | 1190 Laburnum Ave