$450,000
Est. payment /mo
0.52 Acres Lot
Price Dropped by $50K
5213 Warwick RD Richmond, VA 23224
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UPDATED:
11/29/2024 03:26 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2403557
HOA Y/N No
Year Built 1980
Lot Size 0.521 Acres
Acres 0.521
Property Description
$650k, LAND INCLUDED, BUSINESS NOT INCLUDED: The Owner is looking to sell this property (5213) with the adjacent parking lot, which consists of 5219 Warwick Rd (0.154 acres) & 5235 Warwick Rd (0.137 acres). Added to 5213 (0.230 acres), the total area of the 3 properties is 0.521 acres.
The property resides just off of an intersection and is surrounded by a shopping plaza, gas station/convenience store, a church, & residential neighborhood. There is high potential for this area as there is also construction planned for additional residential properties as well as a commercial building in the area.
The current lease term of the Tenant expires in 2029.
Annual Rental Income is around $26,400 with NNN.
The property resides just off of an intersection and is surrounded by a shopping plaza, gas station/convenience store, a church, & residential neighborhood. There is high potential for this area as there is also construction planned for additional residential properties as well as a commercial building in the area.
The current lease term of the Tenant expires in 2029.
Annual Rental Income is around $26,400 with NNN.
Location
State VA
County Richmond City
Area 60 - Richmond
Others
Tax ID C007-0176-054
Ownership Investment
Listed by Samson Properties
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