For Sale

Optimal Development Opportunity

7850 Carousel Lane Richmond Virginia 23294

$3,800,000

Property Highlights

for sale

  • Located on a busy intersection
  • Infrastructure ready for development
  • 4.77 acre lot

Year Built: 1965
Square Ft: 31,252 SF
Acreage: 4.775 AC
Zoning: B-1
Parking: Yes

Attention developers seeking a prime opportunity to bring their ambitious projects to life. We are thrilled to present an exclusive commercial real estate listing at 7850 Carousel Lane that is tailor-made for your creative endeavors. This property, situated at a bustling intersection, offers a blank canvas to transform into a vibrant development, catering to the demands of a thriving market. Don’t miss your chance to make an indelible mark on this dynamic location.

Key Highlights:

  • Ideal Location: This corner property, located on West Broad Street at the high-traffic (30,000+/- vehicle trips per day) intersection of Carousel Lane, offers developers an unparalleled chance to tap into a bustling commercial hub. This strategic locale guarantees maximum visibility and exposure for your upcoming project, ensuring its success right from the start.
  • Endless Possibilities: With a substantial amount of available space, this property provides developers with ample room for innovation. Whether your vision includes retail, office spaces, mixed-use concepts, or even multi-story developments, the expansive layout allows you to unleash your creativity and bring your boldest ideas to life.
  • Infrastructure Ready: Public utilities are readily available to service any new development.
  • Unparalleled Accessibility: Connectivity is key for any successful development, and 7850 Carousel Lane delivers on this front. With major highways, public transportation hubs, and key residential and commercial areas in close proximity, your project will enjoy unrivaled accessibility, attracting both visitors and tenants alike.
  • Thriving Demographics: The surrounding area boasts a diverse and affluent population, presenting a lucrative market for your development. The strong demographic profile, combined with a vibrant mix of residential, commercial, and retail spaces, ensures a steady stream of potential customers and tenants, providing a solid foundation for long-term success.
  • Developer-Friendly Environment: The Carousel Lane area has a reputation for attracting visionary developers, fostering a community that embraces innovation and progress. Join this dynamic neighborhood and capitalize on the existing market demand, collaborating with like-minded developers to create a thriving community.

This is an exceptional opportunity for developers seeking to make a lasting impact. This property is your canvas, awaiting your transformative touch. Don’t delay—contact us today to secure a viewing or to obtain further details on this remarkable property. Unleash your vision and redefine the commercial landscape with this one-of-a-kind development opportunity.

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Location

7850 Carousel Lane, Richmond, VA, USA

Current Property
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Listing Agent(s)

Lory Markham

Associate Broker

Born and raised on a Virginia farm just outside the City of Richmond, Lory Markham has always been fascinated by settlement patterns and how urban growth happens. Her professional history, market knowledge, and passion for making places better equip her to work toward the continued growth of Richmond.

Lory graduated summa cum laude from Hollins University and earned her MA in Urban and Environmental Planning at the University of Virginia’s School of Architecture. After two years at the Richmond Regional Planning District Commission, she continued her public service at the City of Richmond. As Principal Planner for the City of Richmond, Lory served as Secretary to the city’s Planning Commission and managed the review of all development projects in the City that needed special approval. Her contributions to development in the City were recognized in her selection as a “Top 40 Under 40” by Style Weekly.

After over a decade of experience in with the City of Richmond, Lory started a planning consulting company, Markham Planning, and joined One South Commercial as a commercial agent. Her extensive knowledge of the Richmond market, zoning and development review process, historic tax credits, and neighborhood development has made her a prominent figure in the Richmond real estate market. And her focus remains in making places better and maximizing their potential.

  • Richmond Association of Realtors
  • VA Department of Professional and Occupational Regulation
  • Real Estate Broker License

Tom Rosman

Director of Commercial Brokerage/Principal

Tom Rosman has been brokering investment real estate since the early 1990’s in the Richmond, VA, metro area. He has brought hundreds of transactions to a successful conclusion, including large apartment complexes, apartment buildings in historic neighborhoods, office buildings, retail properties, mixed use buildings, and numerous historic adaptive reuse properties.

Tom was one of the first brokers to recognize the transformative changes occurring in many of Richmond’s most architecturally significant but ignored neighborhoods. Having helped place many of the warehouses and other commercial structures in the hands of Richmond’s development community, Tom’s belief in what a property should be was never compromised by the condition it was in.

 

  • Richmond Association of Realtors
  • Greater Richmond Association for Commercial Real Estate (GRACRE)
  • VA Department of Professional and Occupational Regulation
  • Real Estate Broker License
Communication
One South Commercial is the exclusive representative of Seller in its disposition of 7850 Carousel Lane | Richmond, VA, 7850, Carousel Lane, Richmond, Virginia, 23294. All communications regarding the property should be directed to the One South Commercial listing team.
Property tours
One South Commercial is the exclusive representative of Seller in its disposition of 7850 Carousel Lane | Richmond, VA, 7850, Carousel Lane, Richmond, Virginia, 23294. All communications regarding the property should be directed to the One South Commercial listing team.
Offers
One South Commercial is the exclusive representative of Seller in its disposition of 7850 Carousel Lane | Richmond, VA, 7850, Carousel Lane, Richmond, Virginia, 23294. All communications regarding the property should be directed to the One South Commercial listing team.

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

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