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4800 Thalbro St
Richmond, VA 23230
Office Property For Sale
INVESTMENT HIGHLIGHTS
- 6.8+ acres of urban land zoned M-1 and M-2 with rezoning potential.
- Virginia DEQ Voluntary Remediation Program Certificate of Approval granted.
- Excellent access to I-64, Staples Mill Road, and key Richmond destinations.
- Located in the Westwood Area Special Overlay District near major retail hubs.
- Adjacent to Kinsale’s $500 million mixed-use redevelopment project.
- Redevelopment opportunity into apartments or multi-family mixed use.
EXECUTIVE SUMMARY
This 6.8+ acre urban land parcel at 4800 Thalbro Street offers a prime development opportunity in Richmond’s thriving Westwood Area Special Overlay District. Currently zoned M-1 and M-2, the property provides flexibility for industrial or mixed-use development, with the seller open to rezoning. A Virginia DEQ Voluntary Remediation Program Certificate of Approval has been granted, ensuring environmental compliance and reducing development risk.
Strategically positioned near major retail and lifestyle destinations, the site is adjacent to Kinsale’s $500 million redevelopment and within minutes of Willow Lawn, Libbie Place, and Libbie Mill Midtown. These vibrant centers offer a strong mix of retail, dining, and residential options, enhancing the area’s appeal for future tenants or residents. The property also benefits from proximity to St. Mary’s Hospital and excellent connectivity via Staples Mill Road and I-64, providing easy access to downtown Richmond and surrounding markets.
With strong demographics, including an average household income exceeding $121,000 within a one-mile radius and a daytime population of over 18,000, this site is ideally suited for developers seeking to capitalize on Richmond’s growth. Contact the listing team for pricing and additional details.
Strategically positioned near major retail and lifestyle destinations, the site is adjacent to Kinsale’s $500 million redevelopment and within minutes of Willow Lawn, Libbie Place, and Libbie Mill Midtown. These vibrant centers offer a strong mix of retail, dining, and residential options, enhancing the area’s appeal for future tenants or residents. The property also benefits from proximity to St. Mary’s Hospital and excellent connectivity via Staples Mill Road and I-64, providing easy access to downtown Richmond and surrounding markets.
With strong demographics, including an average household income exceeding $121,000 within a one-mile radius and a daytime population of over 18,000, this site is ideally suited for developers seeking to capitalize on Richmond’s growth. Contact the listing team for pricing and additional details.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
8,318 SF
Building Class
C
Year Built
1969
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,318 SF
Building FAR
0.03
Lot Size
6.80 AC
Zoning
M-1 - Light Industrial
Parking
36 Spaces (4.34 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 775-738-6249 | Improvements Assessment | $798,800 |
| Land Assessment | $262,400 | Total Assessment | $1,061,200 |
PROPERTY TAXES
Parcel Number
775-738-6249
Land Assessment
$262,400
Improvements Assessment
$798,800
Total Assessment
$1,061,200
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