Under Contract Listing

UNDER CONTRACT | Optimal Development Opportunity | 4.77 Acre Corner Lot with 245’ of Frontage on West Broad Street | 7850 Carousel Lane
Henrico, VA 23294

$3800000

Development Site
Property Type

4.775 AC
Parcel

31,252 SF
GBA

Property Summary

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.

PROPERTY DETAILS

Parcel ID 762-754-9507
Const. Materials Masonry
Zoning Desc. B-1
Construction Date 1965
Co-broker Fee Yes


Walkability


Transit

PROPERTY PHOTOS

Related Properties

For Sale

1300 Campbell Avenue
Lynchburg, VA 24501

Development Site, Multi-Family

For Sale

700 North Airport Drive
Henrico, VA 23075

Development Site, Land

For Sale

5001 Audubon Drive
Henrico, VA 23231

Development Site, Land