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1860 Commerce Rd
Richmond, VA 23224
Land For Sale
·
8.70 AC
Investment Highlights
- IOS Land Area (Existing): 5.7 Acres of Improved Concrete & Gravel Land Storage
- Additional Structures: Two (2) Small On-Site Storage Buildings
- Water: 4" Line
- Warehouse Building: 4,000 SF | 2 Drive-In Doors | Shipping Office
- Gas: 2" Line | 1.5" Line | (2) 8" Lines
- Metered Fire Line: (2) 8" Lines
Executive Summary
The site is improved with approximately ±5.7 acres of concrete and gravel outdoor storage, offering a functional layout for industrial outside storage users. Existing utility infrastructure includes water service, multiple gas lines, and metered fire lines, enhancing operational capability.
Zoned M-2 (Heavy Industrial), the property accommodates a wide range of industrial uses, making it well-suited for contractors, storage users, and equipment-based operations.
Contact broker for pricing.
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 8.70 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Industrial | ||
| Zoning | M-2 - Heavy Industrial | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 8.70 AC |
| Opportunity Zone |
Yes |
| Zoning | M-2 - Heavy Industrial |
1 Lot Available
Lot
| Lot Size | 8.70 AC |
| Lot Size | 8.70 AC |
Description
Located within Richmond’s established Commerce Road industrial corridor, the property offers immediate access to Interstate 95 (±0.5 miles) and convenient connectivity to Interstates 64 and 85, supporting efficient regional distribution. The site is strategically positioned just ±10–12 minutes from the Port of Virginia’s Richmond Marine Terminal, providing direct access to barge service and port infrastructure for containerized and bulk freight movement. Additional proximity to downtown Richmond, Main Street Station, and Richmond International Airport further enhances logistical flexibility for both local and national operations. Surrounded by a dense concentration of established industrial users, the location benefits from a proven labor pool and strong infrastructure supporting distribution, manufacturing, and outdoor storage users.
Property Taxes
| Parcel Number | S008-0211-001 | Improvements Assessment | $3,559,000 |
| Land Assessment | $6,042,000 | Total Assessment | $9,601,000 |
Property Taxes
