This prime 1.238-acre parcel located in Western Henrico County, zoned B-3, offers a rare infill or development opportunity for commercial development in a dense and growing area of the Richmond MSA. The parcel’s flexible B-3 zoning and site size allows for a wide variety of potential uses, including retail, office, medical, fitness, automobile and light industrial service uses. Residential products such as townhomes, condos, or apartments could be developed with County approval making it an ideal investment for residential developers in a portion of Henrico which has consistently enjoyed high housing demand for decades. The site’s strategic location in Western Henrico also offers convenient access to major highways including I-64, I-295, and Route 288 as well as easy access via West Broad St. 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 unique value-add proposition, with ample space for a standalone retail or office building with a large parking allocation, easy site circulation, and plenty of yard space—perfect for an owner-user requiring a substantial footprint for its operation. Its proximity to key transportation routes like I-64 and I-295 makes it an ideal spot for retail, office, or mixed-use developments, including excellent proximity to Greenberg Gibbons proposed 45-acre redevelopment of the Genworth campus. With its versatile development potential and prime location, this 1.238-acre parcel is a valuable investment opportunity in one of Henrico County’s fastest-growing areas.

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Data last updated at 2024-10-30 12:00 AM UTC.