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2811 Rady St
Richmond, VA 23222
Land For Sale
·
10.00 AC
INVESTMENT HIGHLIGHTS
- Rail Served
- Build to Suit lots - For Sale or Lease
- Heavy Industrial M2 Zoning
EXECUTIVE SUMMARY
We are offering the opportunity for Sale/Lease of individual lots or Build-to-Suit structures within the development.
In addition to the strong location, paramount to the site will be the chance to secure a Rail Served lot, a thin commodity in this local market. Ownership is underway with steps to clear, level and grade the lots, prepare road/utilities, and work with local rail authorities to get clarity on the timeframe for procuring a spur into the site(s).
We are planning to market the dynamic site for the summer months looking to secure additional tenancy or sell finished lots/yards.
In addition, the site could be up-zoned for dense Residential and is an idea Multifamily development, ideal for LIHTC players.
Please contact us to explore if your business would find a home within this exciting project and secure your space within the site.
PROPERTY FACTS Under Contract
| Sale Type | Investment or Owner User | Property Subtype | Industrial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 3 | Total Lot Size | 10.00 AC |
| Property Type | Land | ||
| Zoning | Split - M2, Heavy Industrial | ||
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 10.00 AC |
| Zoning | Split - M2, Heavy Industrial |
3 LOTS AVAILABLE
Lot 1
| Lot Size | 5.00 AC |
| Lot Size | 5.00 AC |
The Master lot is 22 acres, split zoned R-6 and M2, with 11.43 fully buildable acres within the M2 zoning, heavy Industrial. The site is also proposed with Rail Spur to the parcels
Lot 2
| Lot Size | 3.00 AC |
| Lot Size | 3.00 AC |
The Master lot is 22 acres, split zoned R-6 and M2, with 11.43 fully buildable acres within the M2 zoning, heavy Industrial. The site is also proposed with Rail Spur to the parcels. Lot is is proposed with up to 20,000 building.
Lot 3
| Lot Size | 2.00 AC |
| Lot Size | 2.00 AC |
The Master lot is 22 acres, split zoned R-6 and M2, with 11.43 fully buildable acres within the M2 zoning, heavy Industrial. The site is also proposed with Rail Spur to the parcels. Lot is is proposed with up to 30,000 building.
DESCRIPTION
Subject Site is almost 12 acres of developable land - Zoned M2 (Heavy Industrial) located within the City of Richmond, about 2 miles from downtown near the Magnolia Industrial Center. It is positioned minutes from I-95 and I-64, with a strong urban-infill location and accommodative land use and zoning. Possible Up-zoning for LIHTC Multifamily Development. Rady Industrial Development – Build-to-Suit Industrial or Sale/Lease of developed lots with Rail Access Lot A Concept – Approx 2.5 acres with proposed +/-20,000 SF Building Lot B Concept – Approx 3.5 Acres, with +/- 30,000 SF Building Lot C Concept – Approx 4.5 Acres and +/- 50,000 SF Building The sits is positioned minutes from I-64 and I-95, ideal for manufacturing or distribution/logistics. (*proposed Rail Spurs, or more)
PROPERTY TAXES
| Parcel Number | N000-0720-017 | Improvements Assessment | $0 |
| Land Assessment | $765,000 | Total Assessment | $765,000 |
PROPERTY TAXES
