Industrial Property for Sale in Richmond, VA
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Richmond, VA 23237
Description
Industrial Available 25 Acres | Robust Infrastructure I-3 Heavy Industrial Zoning This predominantly single-story, aluminum manufacturing plant was originally constructed in 1959 (Finishing Building). The Cast House / Hot Mill facility followed in 1964 and the Office/ Lab facility was constructed in 1966. The remaining Support Areas followed over the years. Construction is noncombustible, consisting of insulated metal on steel frame walls and roofs. The site facilities’ construction appears to be well maintained.
Market Context
This industrial in Richmond, VA is listed for sale. It has been on the market for 164 days. Compare it against other industrial listings for sale in Richmond, VA — <a href="/search/sale/industrial/virginia/richmond">view the full market</a>.
As of Q4 2025, the Richmond industrial market showed a 5.2% vacancy rate, average asking rents near $9.38/SF/yr, and cap rates around 5.5%. Source: Consensus Q4 2025 market report.
Tight vacancy keeps competition for quality space elevated.
Industrial market FAQ
- What is the typical cap rate for industrial in Richmond?
- About 5.5% as of Q4 2025, per Consensus.
- Is the Richmond industrial market tightening or softening?
- Vacancy is around 5.2% (Q4 2025).
Unified Estimate
Very Low Confidence$13.36/SF – $18.06/SF
Mid: $15.71/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market las-vegas (similarity: 100%) with 7 comparable listings.
Contact
- Jason Hetherington, SIOR · 804 402 4002 · jason.hetherington@cbre.com
- Brad Lowry · 804 401 4007 · brad.lowry@cbre.com
- Doug Tice, IV · 804 201 2036 · doug.tice@cbre.com
Explore this market
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