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9649 Route 1 18,000 SF 100% Leased Retail Building North Chesterfield, VA 23237 For Sale
Investment Highlights
- Prominent frontage along highly trafficked U.S. Route 1 corridor.
- Close proximity to downtown Richmond, retail centers, and dense residential neighborhoods.
- Immediate access to I-95 and Route 288 for regional connectivity.
- Positioned within a growing economic hub supporting diverse commercial activity.
Executive Summary
Positioned along U.S. Route 1 in Chesterfield County, this property offers a compelling acquisition opportunity in a high-visibility commercial corridor. The site benefits from prominent frontage along a well-trafficked arterial serving both local commerce and regional distribution. Businesses here leverage direct connectivity to I-95 and Route 288, facilitating swift access to the Greater Richmond metro and regional markets.
North Chesterfield’s diverse economic mix—ranging from logistics and automotive to service retail—supports sustained demand for adaptable space. The location sits within minutes of downtown Richmond, regional shopping nodes, and a growing residential base, providing both customer visibility and labor accessibility. Infrastructure supports varied uses, providing flexibility for owner-users seeking operational efficiency or investors evaluating repositioning upside.
With Route 1’s strong traffic counts and continued corridor revitalization efforts, this asset presents a rare opportunity to secure long-term value in one of Richmond’s most established economic arteries.
North Chesterfield’s diverse economic mix—ranging from logistics and automotive to service retail—supports sustained demand for adaptable space. The location sits within minutes of downtown Richmond, regional shopping nodes, and a growing residential base, providing both customer visibility and labor accessibility. Infrastructure supports varied uses, providing flexibility for owner-users seeking operational efficiency or investors evaluating repositioning upside.
With Route 1’s strong traffic counts and continued corridor revitalization efforts, this asset presents a rare opportunity to secure long-term value in one of Richmond’s most established economic arteries.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
18,000 SF
Building Class
C
Year Built
1965
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.08
Lot Size
5.11 AC
Opportunity Zone
Yes
Zoning
C5
Parking
50 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 794-66-77-39-700-000 | Improvements Assessment | $933,900 |
| Land Assessment | $511,400 | Total Assessment | $1,445,300 |
Property Taxes
Parcel Number
794-66-77-39-700-000
Land Assessment
$511,400
Improvements Assessment
$933,900
Total Assessment
$1,445,300
Contacts
-
Brandon Colombo -
Jennifer Stein -
Clarence Rodes Boyd III -
Bracket Real Estate, Inc.
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