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4150 Tom Leonard Dr - Prime Development Site Opportunity 2.37 Acres of Commercial Land Offered at $3,800,000 in Glen Allen, VA 23060
Investment Highlights
- Excellent accessibility
- Hotel/retail/medical site
- Development ready
- Great visibility from I-64
- 2.37 AC with M-1C zoning
Executive Summary
Exceptional development opportunity on this 2.37-acre site located in the highly desirable Short Pump area.
The parcel’s M-1C zoning allows for a wide variety of potential uses including retail, hotel, self-storage, medical and fitness uses. The site’s prime location provides excellent access to I-64, I-295 and Route 288 as well as easy access to West Broad Street. Henrico County’s pro-development stance and thriving economy make this a prime location for long-term growth and investment returns.
For commercial users, this property offers a value-add proposition, with ample space for a standalone hotel, retail development or self-storage facility with easy site access and existing infrastructure and utilities at or near the property line. Well located, this property provides convenient access to Short Pump, Innsbrook and the Near West End.
The parcel’s M-1C zoning allows for a wide variety of potential uses including retail, hotel, self-storage, medical and fitness uses. The site’s prime location provides excellent access to I-64, I-295 and Route 288 as well as easy access to West Broad Street. Henrico County’s pro-development stance and thriving economy make this a prime location for long-term growth and investment returns.
For commercial users, this property offers a value-add proposition, with ample space for a standalone hotel, retail development or self-storage facility with easy site access and existing infrastructure and utilities at or near the property line. Well located, this property provides convenient access to Short Pump, Innsbrook and the Near West End.
Property Facts
| Price | $3,800,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.37 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | M-1C | ||
| Price | $3,800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.37 AC |
| No. Stories | 1 |
| Zoning | M-1C |
1 Lot Available
Lot
| Price | $3,800,000 | Lot Size | 2.37 AC |
| Price Per AC | $1,603,375.53 |
| Price | $3,800,000 |
| Price Per AC | $1,603,375.53 |
| Lot Size | 2.37 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Property Taxes
| Parcel Number | 743-762-6518 | Improvements Assessment | $2,503,900 |
| Land Assessment | $1,972,900 | Total Assessment | $4,476,800 |
Property Taxes
Parcel Number
743-762-6518
Land Assessment
$1,972,900
Improvements Assessment
$2,503,900
Total Assessment
$4,476,800
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4150 Tom Leonard Dr - Prime Development Site Opportunity
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