REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 540,000
Est. payment | /mo
3,095 SqFt
$ 540,000
Est. payment | /mo
3,095 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,095 sqft
Price per Sqft $174
MLS Listing ID 2608395
HOA Y/N No
Year Built 1955
Lot Size 2.170 Acres
Acres 2.17
Lot Dimensions 426 x 390 x 502
Property Description
5164 New Market Road presents a compelling commercial development opportunity along the historic Route 5 corridor in Henrico County. Positioned on New Market Road (Route 5), the property benefits from strong visibility and accessibility in a growing eastern Henrico submarket connecting Richmond and Williamsburg. The site is zoned B-3 (Business), allowing for a wide range of commercial uses that can serve both local residents and corridor traffic. With approximately 248 feet of frontage on New Market Road and 292 feet along Willis Church Road, the property offers valuable corner exposure and flexible site planning potential. This configuration makes it particularly well-suited for uses that rely on visibility, access, and traffic flow. Potential development concepts include a convenience store or fuel station, quick-service or fast-casual restaurant with drive-thru, or a neighborhood retail center. The site could also accommodate automotive sales or service, medical office, or professional office users. Contractors or service-oriented businesses may find the layout suitable for a yard or flex-use facility, subject to approvals. The surrounding area continues to see residential growth, increasing demand for nearby goods and services. Its location along a well-traveled historic corridor also captures pass-through and tourism-related traffic. The dual-road frontage enhances ingress and egress options, improving functionality for a variety of commercial layouts. Utilities and access in the area further support near-term development potential. Overall, the property offers a rare combination of zoning flexibility, frontage, and location. This is an excellent opportunity for investors, developers, or owner-users looking to establish a presence in an expanding corridor of Henrico County.
Location
State VA
County Henrico
Area 40 - Henrico
Interior
Heating Electric
Exterior
Roof Type Asphalt
Topography Level
Total Parking Spaces 14
Building
Lot Description Level
Story 1
Sewer Other, See Remarks
Water Well
Level or Stories One
Others
Tax ID 841-673-8164
Ownership Investment,Owner-User
Listed by Liz Moore & Associates
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
brandon.jenkins@jenkinsrealestategroup.com
9200 Center Oak Court Suite A, Mechanicsville, Virginia, 23116, USA