4712 Nine Mile Road

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4712 Nine Mile Road

Richmond, VA 23223
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Prime 1.96± Acre Mixed-Use Development Site with Dual Zoning & High Traffic Exposure <ul><li>​Prime ±1.96-acre development opportunity with flexible mixed-use potential.</li><li>​Strategic location with strong frontage on Nine Mile Road and potential secondary access from S. Laburnum Avenue.</li><li>​Dual zoning designation (R-3 & B-3) supports a broad range of residential, retail, office, automotive, restaurant, and service-based uses.</li><li>​Exceptional accessibility with close proximity to I-64, Downtown Richmond, and Richmond International Airport.</li><li>​High-traffic co

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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