7340 Iron Bridge RdRichmond, VA 23234

Property Details for 7340 Iron Bridge Rd

Lot size

5.20 AC

Zone code

C3 - COMMUNITY BUS DIST

Property type

Other commercial real estate

APN

772-67-45-27-200-000

APU

772674527200000

Description

This exceptional investment opportunity encompasses ten acres of C-3 zoned land in Richmond, Virginia's thriving Chesterfield County (zip code 23234), situated at 7340 & 7350 Iron Bridge Road. The property boasts three distinct retail pad sites, each presenting unique development potential. The location offers unparalleled visibility and accessibility, with a remarkable 27,000 vehicles passing daily on Iron Bridge Road. This high-traffic area is strategically positioned adjacent to the established Watermark Town Center and a Walmart, ensuring significant consumer traffic and brand recognition. Further enhancing the property's value is the planned construction of 1,250 new homes in the immediate vicinity, promising a substantial increase in the local population and consumer base. The individual pad sites offer diverse development possibilities. One site is ideally suited for a car wash, another for a business with a drive-thru capability, and the third is perfect for an automotive-related user. This prime location, coupled with the high traffic volume and proximity to established retail anchors, makes this a truly exceptional investment opportunity for discerning buyers seeking high-return potential in a rapidly growing market. The asking price for the entire property is $1,000,000.

• Alternative Use

  Use

  Valuation

  Residential

  $48,084,736

  Hospitality

  $44,045,360

  Educational

  $36,645,224

  Medical

  $37,905,508

  Retail

  $57,003,680

Location Insight

City

North Chesterfield

County

Chesterfield

State

Virginia

Latitude

37.4109

Longitude

-77.5032

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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