9821 ROUTE 1 BELLWOOD VA 23237
$180k+ NOI | Retail Strip Center | Prime Location Rt. 1 Chesterfield
Marketing description
- Freestanding Retail Asset – Approx. 18,000 SF
- Prime Visibility on Jefferson Davis Highway (U.S. Route 1)
- Durable Service-Oriented Trade Area
- Attractive Parking and Accessibility
- Value-Add and Repositioning Upside
- General • 20,000 SF
Investment highlights
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$180k+ NOI | Retail Strip Center | Prime Location Rt. 1 Chesterfield VA | bracketRE
9853–9897 Jefferson Davis Highway is a freestanding retail/commercial property totaling approximately 18,000 square feet, strategically positioned along one of Chesterfield County’s primary commercial corridors. Located on Jefferson Davis Highway (U.S. Route 1), the asset benefits from excellent frontage, visibility, and signage, supported by a pylon sign and direct ingress/egress via a heavily traveled arterial road. Constructed in 1965, the property is configured as a multi-tenant retail building and has historically supported a variety of automotive, service-oriented, and neighborhood commercial uses, reflecting the corridor’s durable demand profile.
The site offers an efficient parking ratio of approximately 2.78 spaces per 1,000 SF, enhancing usability for both customers and employees. Public transportation access further strengthens tenancy appeal, with bus line service along the corridor. Situated in North Chesterfield, just south of Richmond’s urban core, the property lies within a dense, established trade area characterized by long-standing local businesses and steady consumer traffic. The Jefferson Davis Highway corridor continues to serve as a critical connector between Richmond, Chesterfield County, and surrounding submarkets, positioning this asset as a flexible, income-producing investment with long-term upside tied to corridor revitalization and repositioning potential.
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