2600 Dundas RdRichmond, VA 23234

  • Commercial real estate
  • 2.35 AC
For Sale
$650,000 View listing

Property Details for 2600 Dundas Rd

Lot size
2.35 AC
Zone code
C3 - COMMUNITY BUS DIST
Property type
Commercial real estate
APN
790-68-46-92-900-000
APU
790684692900000

Description

This exceptional 2.347-acre commercial land parcel presents a remarkable retail development opportunity in Richmond, Virginia. Located at 2600 Dundas Road in Chesterfield County (zip code 23234), this property boasts a highly desirable location with excellent visibility and accessibility. The land is zoned O, B, and C, offering flexibility for a variety of retail developments. The asking price is $650,000, translating to approximately $276,949 per acre, reflecting the significant value of this strategically positioned site. The property benefits from its proximity to major transportation arteries, including a signalized intersection at Dundas Road and Route 1/Emancipation Highway. Furthermore, it's less than half a mile from Route 150/Chippenham Parkway, and within four miles of Route 288 and I-95, ensuring convenient access for both customers and employees. The high volume of traffic on I-95 (Exit 67, with a VPD of 113,000) further underscores the significant potential for retail success at this location. This is a rare opportunity to acquire a prime commercial land parcel in a thriving area with strong demographics and excellent infrastructure. Don't miss this chance to capitalize on this exceptional investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $62,220,284
    Hospitality
    $56,993,444
    Educational
    $47,417,876
    Medical
    $49,048,652
    Retail
    $73,761,144

Location Insight

City
Richmond
County
Chesterfield
State
Virginia
CBSA code
40060
CBSA name
RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,114
$234,900
-
$234,900
-
$234,900
-
$234,900

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