.48 Acres Opportunity Zone Land

For Sale

505 and 508 Savannah Ave, Richmond, VA 23222

This Richmond property for sale is located at 505 and 508 Savannah Ave. The current listed sale price for .48 Acres Opportunity Zone Land is $415,000. .48 Acres Opportunity Zone Land is situated on a lot that is 0.48 acre in size.

Contacts

Susan Haas, MURP

Haas Realty Group

Property Details

  • Property Type VacantLand
  • Lot Size 0.48 Acre
  • Date Updated Jun 28, 2026
Opportunity Zone Land in North Richmond's B-3 Business District, intended to provide a mix of commercial, automotive, and recreational activities., located less than a mile from major anchors, such as Amazon Fulfillment Center, and Richmond International Raceway.505 Savannah Ave is a vacant corner lot with 120' fronting Richmond-Henrico Turnpike at Savannah Ave, PID 794-737-5854 508 Savannah Ave is a .186ac contiguous lot with an 1100sf vacant Bungalow. PID 794-737-6554 505 and 508 Savannah Ave .48Ac with additional land available, up to 3 Acres, with ingress and egress on two heavily traveled corridors. Approximately 10,000 vehicles pass per day. zoned B3 for uses, including Office, Retail, Drive-Thru, Automotive Filling Station, Live/Work Dwellings, and most business uses, located in an Opportunity Zone in Eastern Henrico County, apr. a half mile from Richmond Raceway and Amazon Robotics Center. Memorial Regional Medical Center and Laburnum Medical Centers are located nearby. This location is experiencing revitalization with new homes and businesses, This corridor connects significant residential and retail development nearby, as well as the $22.5 million enhancement project from Richmond-Henrico Turnpike and Laburnum Ave south, with plans for 6 lanes, sidewalks, bike lanes, landscaping, and new water main.
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Highlights

  • .48 Ac. Zoned B3
  • Ideal for commercial uses
  • Opportunity Zone Land
  • Redevelopment Opportunity
  • Visible Corner Lot

Attachments

Getting around

  • 52/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Richmond, VA
  • Neighborhood New Providence Park - Laburnum Grove
  • Zip Code 23222
  • Market Richmond Tidewater

Points of Interest

  • Richmond Main Street

    3.36 miles

  • BP

    0.18 miles

  • Exxon

    0.22 miles

  • Citgo

    0.24 miles

  • 7-Eleven

    1.54 miles

  • Shell

    1.73 miles

  • EVgo

    2.23 miles

  • ChargePoint

    2.75 miles

  • Richmond Walmart

    3.89 miles

  • Libbie Mill Charger

    3.89 miles

  • Tesla Supercharger

    5.32 miles

  • Lot A

    0.27 miles

  • Lot C

    0.42 miles

  • Midway

    0.51 miles

  • Lot F

    0.94 miles

  • Lot G

    1.22 miles

  • Visitor Parking

    1.49 miles

  • Lot J

    1.88 miles

  • Downtown Campus Parking

    2.40 miles

  • BioTech Parking

    2.44 miles

  • BioTech 2 Parking

    2.46 miles

  • Enys Hotel

    1.36 miles

  • Richmond Motel

    1.58 miles

  • Chamberlayne Motel

    1.99 miles

  • Diamond Inn & Suites

    2.08 miles

  • Quality Inn Central

    2.11 miles

  • Rodeway Inn

    2.12 miles

  • Town Motel

    2.18 miles

  • Super 8

    2.22 miles

  • Quirk Hotel

    2.73 miles

  • Richmond Marriott

    2.83 miles

  • Save-A-Lot

    1.55 miles

  • Food Lion

    1.68 miles

  • Little House Green Grocery

    1.70 miles

  • Walmart Neighborhood Market

    2.15 miles

  • Community Supermarket

    2.19 miles

  • International Market and Bakery

    2.24 miles

  • Kroger

    2.45 miles

  • Urban Farmhouse VCU

    2.64 miles

  • Whole Foods Market

    2.67 miles

  • Ross

    3.99 miles

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