521 Research Rd - Light Manufacturing FOR SALE


Richmond, VA 23236
$4,950,000 USD
804-200-6415
521 Research Rd, Richmond, VA for Sale
$4,950,000 USD
Light Manufacturing - FOR SALE
1/6
null | Request Cap Rate

521 Research Rd
Richmond, VA 23236


HIGHLIGHTS

  • First time available in approximately 40 years.
  • Industrial facility situated on 1.8 acres in Chesterfield County.
  • Conditioned warehouse and shop areas support operational flexibility.
  • Dock-high loading with leveler and grade-level loading are available.
  • 1,200-amp, 3-phase, 480/277-volt electrical service is installed.
  • Two-story office area can be configured for multiple occupancy needs.

OVERVIEW

521 Research Road presents a for sale opportunity for investors and owner-users seeking a well-maintained industrial asset in Chesterfield County's Southlake area. Offered for the first time in approximately 40 years, the property consists of a 39,700-square-foot industrial building situated on 1.8 acres with a combination of warehouse, shop, and office components designed to support a variety of operational requirements. The facility includes approximately 23,000 square feet of conditioned warehouse and shop space with variable clear heights ranging from 12 to 14 feet. Loading is supported by both dock-high access with a leveler and grade-level loading capabilities. The building is served by 1,200-amp, 3-phase, 480/277-volt power, providing infrastructure suitable for manufacturing, service, distribution, and specialized industrial operations. A two-story office component can be demised to accommodate multiple occupants or departmental functions, offering flexibility for future ownership strategies. Its location within the Southlake area of Chesterfield County provides access to the Richmond metropolitan region, a market supported by a diverse employment base, regional transportation infrastructure, and established industrial activity. On-site parking and a long history of owner occupancy further contribute to the property's operational functionality. The combination of warehouse infrastructure, office flexibility, and regional accessibility positions the asset as a potential acquisition for users seeking control of their facility or investors pursuing industrial ownership opportunities.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

1

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.99

LAND SF

43,124

ZONING

C-5

APN/PARCEL ID

743-70-78-30-700-000

ASK ABOUT THIS PROPERTY

804-200-6415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

804-200-6415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.