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4312 Grove Ave 0.59 Acres of Commercial Land in Richmond, VA 23221
Investment Highlights
- Corner-lot property positioned between the Libbie & Grove corridor and Carytown, offering exceptional connectivity to some of Richmond’s most desirabl
- Multiple development concepts available, including townhomes and multifamily layouts requiring a Special Use Permit, offering strong future upside pot
- Walkable to upscale retail, dining, and boutique amenities with immediate access to the Fan District, VMFA area, and Libbie & Grove shops
- Strong surrounding demographics with high household incomes and a dense daytime population supporting both residential and office demand
Executive Summary
The existing structure lends well for a traditional office user, or potential medical office user, with abundant off-street parking. This strategic location offers unparalleled
convenience, nestled near the vibrant Libbie & Grove neighborhoods, known for their charm and diverse amenities, as well as proximity to Carytown and the Fan District. Benefit from easy access to shopping, dining, and quick connectivity to I-195.
convenience, nestled near the vibrant Libbie & Grove neighborhoods, known for their charm and diverse amenities, as well as proximity to Carytown and the Fan District. Benefit from easy access to shopping, dining, and quick connectivity to I-195.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.59 AC |
| No. Lots | 1 | Year Built | 1964 |
| Property Type | Land | ||
| Zoning | R-5 SINGLE | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.59 AC |
| Year Built | 1964 |
| Zoning | R-5 SINGLE |
1 Lot Available
Lot
| Lot Size | 0.59 AC |
| Lot Size | 0.59 AC |
Exceptional Opportunity on a 0.59 Acre. Corner Lot: 3,560 SF Office Building with Ample Parking, Nestled Between Libbie & Grove and Carytown
1 1
Property Taxes
| Parcel Number | W019-0281-021 | Improvements Assessment | $426,046 CAD |
| Land Assessment | $1,269,972 CAD | Total Assessment | $1,696,018 CAD |
Property Taxes
Parcel Number
W019-0281-021
Land Assessment
$1,269,972 CAD
Improvements Assessment
$426,046 CAD
Total Assessment
$1,696,018 CAD
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4312 Grove Ave
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