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6907-7005 Old Jahnke Rd
Richmond, VA 23225
Land For Sale
·
4.00 AC
INVESTMENT HIGHLIGHTS
- Zoning: R-02 (Office, Medical, Multifamily permitted)
- Less than a mile from Chippenham Hospital and major arterials
- Strong demand drivers from adjacent medical and residential areas
- Conceptual plans indicate feasibility for 130+ apartment units
- Urban infill location in Richmond City
- Flexible use potential and immediate scalability
EXECUTIVE SUMMARY
Located in the heart of Richmond’s Southside, this 4.0-acre development site represents a unique chance to build within city limits, just minutes from Chippenham Hospital. Comprising multiple contiguous parcels at 6907–7005 Old Jahnke Road, this property is ideally suited for multifamily housing, medical offices, or general office use under current R-02 zoning.
A preliminary concept plan supports a 130+ unit residential project, allowing developers to move forward with confidence under existing entitlements. The site is well-positioned in a growing corridor with strong demand for healthcare and residential solutions.
A preliminary concept plan supports a 130+ unit residential project, allowing developers to move forward with confidence under existing entitlements. The site is well-positioned in a growing corridor with strong demand for healthcare and residential solutions.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 4.00 AC |
| Zoning | R-02 - Permits Office, Medical Office, and Multifamily | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.00 AC |
| Zoning | R-02 - Permits Office, Medical Office, and Multifamily |
1 LOT AVAILABLE
Lot
| Price | $3,500,000 | Lot Size | 4.00 AC |
| Price Per AC | $875,000.00 |
| Price | $3,500,000 |
| Price Per AC | $875,000.00 |
| Lot Size | 4.00 AC |
4.0 acre parcel assemblage. R-02 Zoning.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $125,000 | Total Assessment | $125,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$125,000
Improvements Assessment
$0
Total Assessment
$125,000
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