Industrial in Richmond, VA — Sale in Richmond, VA
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Richmond, VA 23234
Description
± 55,000 SF of Industrial Space For Lease Up to 56,160 SF of industrial space, offering functionality for warehousing, distribution, or light manufacturing. It features 28’ clear heights, five dock-high doors, one oversized drive-in door, and 1,560 SF of office space. Zoned M-2, the property includes 1.5 acres of improved outdoor storage (IOS), ideal for equipment, containers, or fleet parking. Located in Richmond’s established industrial area, the site provides strong infrastructure and immediate access for logistics operations. The property benefits from active rail access, which provides a cost-effective and efficient solution for transporting large volumes of goods and enhancing supply chain reliability. Additionally, the building is equipped with a substantial 1,600 Amps/3-Phase electrical capacity, currently served by one meter, with the potential to add another to support expanded operations.
Market Context
This industrial in Richmond, VA is listed for sale. It has been on the market for 195 days. Compare it against other industrial listings for sale in Richmond, VA — view the full market.
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: multiple brokerage reports, Q4 2025.
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 multiple brokerage reports.
- Is the Richmond industrial market tightening or softening?
- Vacancy is around 5.2% (Q4 2025).
Contact
- Jason Hetherington, SIOR · 804 402 4002 · jason.hetherington@cbre.com
- Matt Hamilton · +1 804 401 4005 · matt.hamilton@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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