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5061 Richmond Road, Warsaw, VA 22572

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Listing Type
Commercial/Industrial
Listing Status
active
9
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$2,300,000

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Home Details for 5061 Richmond Road
Price
$2,300,000
Type
Commercial/Industrial
Year Build
1970
Lot Size
2.83
County
Richmond
MLS®️ Listing#
2514519
On exitrealty.com
246 days
Property Description
Discover a prime investment opportunity in the heart of Warsaw, Virginia! This meticulously renovated 12,600 sq. ft. strip center, situated on a 1.31-acre parcel, is offered as a package deal with an additional 1.52-acre parcel, totaling nearly 3 acres. Listed at $2,300,000 with an attractive 6.5% cap rate, this fully occupied commercial property boasts long-term leases, ensuring immediate cash flow and stability for investors. Property Highlights: - Size & Layout: 12,600 sq. ft. strip center, fully leased with established tenants. - Land: Combined 2.83 acres (1.31-acre main parcel + 1.52-acre adjacent parcel for future development). - Renovations: Completely updated with modern finishes, most HVAC units replaced, and a new roof for low maintenance. - Investment Potential: Strong 6.5% cap rate with long-term leases in place for consistent cash flow, plus the adjacent parcel offers development potential for additional income streams. - Location: Strategically located in Warsaw, VA, with excellent visibility and accessibility. This turnkey property is ideal for investors seeking immediate returns with the added bonus of future development opportunities. Don’t miss out on this rare chance to own a high-performing asset with multiple revenue streams.
Property Features
Listing Courtesy: Real Broker LLC - Membership@TheRealBrokerage.com. Presented by: G Giambanco
mls_icon All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are Copyright © 2026 Central Virginia Regional Multiple Listing Service, LLC. All Rights Reserved.
Last Updated: 2025-05-24 13:00:50
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Market statistics compiled from data from Central Virginia Regional MLS.
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EXIT MID-RIVERS REALTY
15034 Kings Highway, Montross, VA 22520
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$2,300,000

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EXIT MID-RIVERS REALTY
15034 Kings Highway, Montross, VA 22520
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