Insights
Practical guides to leasing, buying, and investing in Richmond-area commercial property — organized by location and product type.
Land · Chesterfield
Where Chesterfield’s commercial land is concentrated, how the county’s new zoning ordinance and pending comprehensive plan update change the math, and the due-diligence items that make or break a tract.
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Most of Henrico’s larger commercial and industrial tracts sit in the east, near the airport and White Oak, while the West End is an infill and pad-site market. Zoning, county-maintained roads, utility fees and stream buffers decide what a parcel is worth.
Chesterfield’s road cash proffer is a per-home charge. Commercial-only rezonings don’t pay it, but they still pay for traffic, through road improvements, right-of-way, and conditions.
The best apartment sites in the City of Richmond are the ones where zoning already allows the units, utilities are at the curb, and the rent supports the land price. Here is how developers screen them in 2026.
The $565 million Powhite Parkway extension will open western Chesterfield in stages between 2029 and 2034. Here is what is funded, where the access points are, and how to price land near them without overpaying for a road that is not built yet.
Richmond’s Code Refresh would replace the city’s zoning ordinance and remap every parcel. As of late September 2026 it is still a draft. Here is what it proposes for commercial, mixed-use and industrial land, and how to underwrite around it.
Every commercial and industrial parcel in Chesterfield was moved into a new zoning district on January 1, 2026. Here is what carried over, what didn’t, and how to check your own parcel.