Location
Tour 1601 Foxhaven Dr #1
Contact
Next Level Property Management, LLC
Nearby rentals
Renter hub
Property management
Next Level Property Management, LLC
One-time.
One-time. Refundable.
Conveniently located at the corner of Lexington Rd. and Foxhaven Dr., this B-3 zoned commercial property offers lots of visibility and is easily accessible. It is a 0.55 acres lot which can accommodate up to 35 parking spaces. Currently used as a quick lube, the facility includes three 16' x 12' bays, a lobby, and updated men's and women's restrooms . Fully equipped for automotive services. Additionally, a there is a full basement for storage or ability to expand the business. The property features two 300-gallon vertical oil tanks, a 1,000-gallon used oil tank, two 300-gallon windshield fluid tanks, a powerful air compressor with air lines, efficient oil pumps, & a first aid and eye wash station. The garage has SunStar infrared heating tubes, LED lighting, durable black and white epoxy flooring approved for lifts, and ample space for various vehicles. Ideal uses for this commercial lot would be an automotive garage, a used car lot, and many other opportunities. It is easily accessible from I-75 which makes it a prime piece of real estate and a great investment opportunity!! Lease amount $2750/year. 5 year lease term, with 10% lease rate increase after 1st full term. Lessee is responsible for all utilities and insurance.
How 1601 Foxhaven Dr #1 compares to other nearby properties.
Positives
Considerations
| Zip code | 40475 |
|---|---|
| Type | Apartment for rent |
studio apartments at 1601 Foxhaven Dr #1 cost about 82% more than the average rent price for studio apartments in Richmond.
| Month | Median Rent |
|---|---|
| March 2024 | $2,012 |
| April 2024 | $2,200 |
| May 2024 | $1,183 |
| June 2024 | $1,132 |
| July 2024 | $755 |
| August 2024 | $672 |
| September 2024 | $675 |
| October 2024 | $675 |
| November 2024 | $807 |
| December 2024 | $840 |
| January 2025 | $675 |
| February 2025 | $675 |
| March 2025 | $675 |
| April 2025 | $675 |
| May 2025 | $675 |
| June 2025 | $700 |
| July 2025 | $700 |
| August 2025 | $787 |
| September 2025 | $834 |
| October 2025 | $843 |
| November 2025 | $825 |
| December 2025 | $763 |
| January 2026 | $825 |
| February 2026 | $962 |
Can I afford to live at 1601 Foxhaven Dr #1?
Bedrooms
StudioRent-to-income ratio
30%
$110,000/yr
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