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    3221 Cutshaw Ave Richmond, VA 23230

    Sponsored
    For Sale
    $595,000

    1400 sq ft Office, Owner Financing Available

    Property size:
    1,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1400-square-foot commercial property, located at 3221 Cutshaw Avenue in Richmond, Virginia, presents a fantastic investment or lease opportunity. Situated in the desirable Fan/Near West neighborhood, this property boasts a convenient location within the UB-2 Urban Business zoning district. The building is classified as a B Professional Office (Property Class 442) and offers significant potential for a variety of businesses. The assessment area is noted as 450. Priced at $595,000, this property offers attractive owner financing options for qualified buyers seeking a solid return on investment. Alternatively, a three-year lease is available for tenants seeking a prime location in a thriving Richmond neighborhood. The property's 1400 square feet provide ample space for a range of professional office uses. Interested parties are encouraged to inquire for further details and explore the possibilities this versatile commercial space offers. The property sits on a lot with zero acres. This is a unique opportunity to establish a presence in a highly sought-after area of Richmond.

    Property Features for 3221 Cutshaw Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,400 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.47588
    Latitude
    37.56555

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    FAQs

    What type of property is this?
    Commercial real estate - 1400 sq ft Office, Owner Financing Available
    Where is this commercial real estate located?
    The property is located at 3221 Cutshaw Ave Richmond, VA.
    What is the asking price?
    The asking price for this property is $595,000.
    (804) 794-2662
    Request Owner's contact information
    3221 Cutshaw Ave Richmond, VA 23230
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    Richmond, VA 23230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3221 Cutshaw Ave Richmond, VA 23230
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