Richmond, Virginia, offers a diverse range of Warehouses For Sale, with 11 listings available. Investing in a Warehouse in Richmond can be a lucrative opportunity, as the city's strategic location and strong economy make it an attractive hub for businesses. Warehouses can represent various types of investments, from industrial properties for manufacturing and logistics to storage facilities for retailers and distributors. Richmond's warehouses offer a range of characteristics that make them an attractive investment opportunity, including amenities such as proximity to major transportation facilities, infrastructure, and educational institutions like Virginia Commonwealth University and the University of Richmond. The city's geography, with the James River running through it, also provides a unique advantage for businesses that rely on water transportation. Additionally, Richmond is home to many notable companies, including Dominion Energy, CarMax, and WestRock, making it a great place for business and travel, with attractions like the Virginia Museum of Fine Arts and the Science Museum of Virginia.
Richmond's Warehouses For Sale offer a unique opportunity to invest in a city with a rich history and a strong economy. The city's warehouses are situated near major transportation facilities, including the Richmond International Airport and Amtrak stations, making it easy to transport goods and people. In addition to Warehouses, Richmond also offers other property types, such as Industrial Properties, which can be used for manufacturing and logistics; Land, which can be developed for various purposes; Residential Income Homes, which can provide a steady stream of income; and Commercial Real Estate, which can be used for office or retail space. Each of these property types offers a unique investment opportunity, and Richmond's strong economy and strategic location make it an attractive place to invest. With its many amenities, infrastructure, and attractions, Richmond is a great place to do business and visit, and its Warehouses For Sale offer a unique opportunity to invest in this thriving city.
What are the key features investors look for in warehouses in Richmond?
When searching for warehouses in Richmond, investors typically look for key features that ensure a profitable and efficient operation, including:
- Average price per square foot of $169 USD, with an average size of 30,637 square feet and a maximum size of 85,549 square feet, offering flexibility for various business needs.
- A desirable location with easy access to major transportation facilities, such as the Richmond International Airport, Greyhound Lines bus terminal, and Interstate 64 and Interstate 95 highways, ensuring convenient transportation of goods and supplies.
- A competitive average cap rate of 6.1%, providing a strong potential for returns on investment, as well as proximity to major employers and industries, including finance, healthcare, manufacturing, and transportation.
What size warehouses are available to buy in Richmond?
Warehouse buyers in Richmond can find properties ranging in size from 30,637 square feet to 85,549 square feet, with an average price per square foot of $169 USD and an average cap rate of 6.1%, among the 11 available listings.
How much does it cost to buy a warehouse in Richmond?
When considering buying a warehouse in Richmond, you can expect to pay an average price per square foot of $169 USD, with the average size of available listings being around 30,637 square feet, and the largest available warehouse spanning 85,549 square feet, with a total of 11 listings to choose from.
