This prime 1.238-acre parcel located in Western Henrico County, zoned B-3, offers a rare infill or development opportunity for commercial development in a dense and growing area of the Richmond MSA. The parcel’s flexible B-3 zoning and site size allows for a wide variety of potential uses, including retail, office, medical, fitness, automobile and light industrial service uses. Residential products such as townhomes, condos, or apartments could be developed with County approval making it an ideal investment for residential developers in a portion of Henrico which has consistently enjoyed high housing demand for decades. The site’s strategic location in Western Henrico also offers convenient access to major highways including I-64, I-295, and Route 288 as well as easy access via West Broad St. Henrico County’s pro-development stance and thriving economy make this a prime location for long-term growth and investment returns.
For commercial users, this property offers a unique value-add proposition, with ample space for a standalone retail or office building with a large parking allocation, easy site circulation, and plenty of yard space—perfect for an owner-user requiring a substantial footprint for its operation. Its proximity to key transportation routes like I-64 and I-295 makes it an ideal spot for retail, office, or mixed-use developments, including excellent proximity to Greenberg Gibbons proposed 45-acre redevelopment of the Genworth campus.
With its versatile development potential and prime location, this 1.238-acre parcel is a valuable investment opportunity in one of Henrico County’s fastest-growing areas.
WESTERN HENRICO
Western Henrico County, Virginia, is a vibrant and rapidly expanding part of the Richmond metropolitan area. Known for its excellent quality of life, the county offers a perfect mix of suburban living with easy access to urban amenities. Boasting top-tier schools, well-maintained parks, and recreational facilities, Western Henrico is an attractive destination for families, young professionals, and retirees alike. Its proximity to major highways, including I-64, I-295, and Broad Street, positions it as a central hub for both commuting and commerce, making it a prime location for retail, office, and service-oriented businesses.
The area’s ongoing commercial development is fueled by a strong local economy and growing demand for high-quality services and retail options. Western Henrico’s strategic location and business-friendly environment make it an ideal choice for companies seeking to expand or relocate. With a diverse and affluent customer base, along with a well-established infrastructure, properties in Western Henrico County offer promising opportunities for sustained growth and investment.
Ann Schweitzer Riley has become a distinguished figure in commercial real estate, focusing primarily on sales of urban commercial properties, including office spaces, retail locations, multi-family buildings, industrial facilities, and mixed-use developments. With a rich background that spans over a decade, Ann has developed a keen expertise in property sales, investment, and development.
A graduate of UVA, Ann’s journey in real estate began as a residential real estate appraiser in Charlottesville, VA. Her career path led her to roles as a legal assistant and later to Richmond in 2008, where she worked with an affordable housing nonprofit. There, she gained a passion for construction and real estate development. This foundation allowed her to excel as a real estate construction project manager and later as a corporate commercial sales agent.
Today, at One South Commercial, Ann is renowned for her sharp insights in market trends, her strategic approach to property disposition, and her ability to optimize asset value for her clients. Her comprehensive understanding of both residential and commercial real estate markets, combined with her specific expertise in commercial sales, makes her an invaluable partner to property owners and buyers alike.
Ann’s commitment to her clients and her profound market knowledge ensure tailored, effective strategies for those looking to invest in or divest commercial real estate assets.
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