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4712 Nine Mile Rd 1.96 Acres of Commercial Land in Richmond, VA 23223
Investment Highlights
- Excellent opportunity to acquire a ±1.96-acre mixed-use development parcel strategically located along the highly traveled Nine Mile Road corridor.
- Ideally situated just ±1.1 miles from the I-64 interchange, approximately 3 miles from Downtown Richmond, and 4 miles from Richmond Airport.
- The property offers exceptional visibility, strong traffic counts exceeding 25,000 vehicles per day, and flexible dual zoning.
Executive Summary
The site includes both R-3 and B-3 zoning, allowing for numerous potential uses including small-lot residential development, retail, medical or professional office, convenience store, restaurant with drive-thru, automotive-related uses, daycare, and more. In addition to its prominent frontage on Nine Mile Road, the property also offers potential secondary access from S. Laburnum Avenue, further enhancing development flexibility and site accessibility.
Ideally situated just ±1.1 miles from the I-64 interchange, approximately 3 miles from Downtown Richmond, and 4 miles from Richmond International Airport, the property provides convenient regional access and connectivity. The surrounding area is anchored by established national retailers and businesses including Walgreens, Walmart Supercenter, McDonald’s, Planet Fitness, Pep Boys, and Bojangles, creating a strong commercial environment with consistent consumer traffic.
This is a rare infill development opportunity in a high-demand corridor suitable for developers, investors, and owner-users seeking a well-positioned site with multiple future use possibilities.
Property Facts
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 1.96 AC |
| Zoning | B3, B3C, R3, R4 - Multiple Zoning | ||
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.96 AC |
| Zoning | B3, B3C, R3, R4 - Multiple Zoning |
1 Lot Available
Lot
| Lot Size | 1.96 AC |
| Lot Size | 1.96 AC |
Prime 1.96± Acre Mixed-Use Development Site with Dual Zoning & High Traffic Exposure
Description
Prime ±1.96-acre development opportunity with flexible mixed-use potential. Strategic location with strong frontage on Nine Mile Road and potential secondary access from S. Laburnum Avenue. Dual zoning designation (R-3 & B-3) supports a broad range of residential, retail, office, automotive, restaurant, and service-based uses. Exceptional accessibility with close proximity to I-64, Downtown Richmond, and Richmond International Airport. High-traffic corridor with over 25,000 vehicles per day, providing strong visibility and exposure for commercial users. Positioned within an established retail and commercial hub anchored by major national brands including Walgreens, Walmart Supercenter, McDonald’s, Planet Fitness, Pep Boys, and Bojangles. Located in a growing and densely populated trade area with strong consumer demand and ongoing commercial activity. Ideal opportunity for developers, owner-users, or investors seeking a well-located infill development site in the Richmond market.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $134,200 | Total Assessment | $134,200 |
Property Taxes
