For Sale
Retail/Office Land For Sale on Route 5
2661 New Market Road Richmond Virginia 23231
Asking$899,950
For Sale
2661 New Market Road Richmond Virginia 23231
Flat corner site located at the signalized corner of Route 5 and Strath Road along the Virginia Capital Trail. The zoning allows B-2 uses and district requirements. Logical uses include medical, daycare, restaurants, convenience store, drugstore or general retail uses. The back parcel is planned for a small office.
The site was originally planned and approved for a Rite Aid drug store. The seller is flexible and will allow time for reasonable changes to the zoning or site plan approval but will also consider a discount for a quicker close. Survey, geotech and environmental have all been done and there are no site conditions that limit development.
***Price is based on an as-is sale. Owner will consider allowing time for site plan and/or rezoning but price will need to be reconsidered for a long contract period.
ABOUT VARINA
Varina is a quiet, suburban neighborhood in Henrico, Virginia, known for its historical sites and scenic landscapes. It’s a family-friendly area with good schools, local shops, and easy access to downtown Richmond. It’s a peaceful place with a strong sense of community. Nearby, The Virginia Capital Trail is a 51.7 mile fully paved multi-use path that connects Virginia’s past and present capitals of Jamestown and Richmond. Completed in 2015, the trail primarily follows the scenic Route 5 corridor, offering a vehicle-free route for cyclists, walkers, runners, and skaters.
Chris is a Richmond native and industry veteran with extensive experience in real estate investment and development. For 13 years he served as Principal and in-house Broker with Riverstone Properties, managing and growing a diverse portfolio for one of Virginia’s prominent families. This provided the opportunity to work in all sectors of commercial real estate.
Prior to joining Riverstone, Chris served as a Vice President and Project Manager with East West Partners of Virginia for 10 years. He holds an MBA with a concentration in Real Estate Development from VCU and an undergraduate degree from East Carolina University.
In 2024, Chris started his consulting company, Double C Real Estate, and joined One South Commercial as an Associate Broker to draw on his experience and help families, businesses and investors evaluate, optimize and grow their commercial real estate holdings.
DISCLAIMER: This offering memorandum is intended as a reference for prospective purchasers in the evaluation of the property and its suitability for investment. Neither One South Commercial nor Seller make any representations or warranties with respect to the accuracy or completeness of the materials contained in the offering memorandum. Prospective purchasers should evaluate the property independently and rely solely on such independent evaluation in determining whether to purchase the property. The offering memorandum, pricing, and terms therein are subject to change or withdrawal at the discretion of Seller and One South Commercial, as Seller’s exclusive representative. *Information provided deemed reliable but not guaranteed