Listing Agency: Porter Realty Company, Inc.

Listed By: Wilson M. Flohr · License #VA 0225201087

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 5:13AM

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Investment Insights

Based on property information with market context.

Branchway Business Center is an office building comprising 10,000 SF at 11311 Business Center Dr in Richmond, Virginia. The property is offered for sale and is identified as an office asset.

Key Highlights

• 10,000 SF office building
• Located at 11311 Business Center Dr, Richmond, VA 23236

Property Analytics

Property Profile

Current Use

Prism Specialties Art ... Hardware & Home Improvement Tracey Fatzinger Physician Five Star Bath ... Renovation Specialist Barnard & Associates Financial Advisor

Suggested Use

Top Pick Parking Lot & Garage Food Market Catering Service Barber Shop Acupuncture Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,941

Businesses Nearby

Explore this area Business Placement

Demographics for 23236, VA

27,516

Population

10,839

Households

2.5

Avg Household Size

42

Median Age

46%

College-Educated

94%

High-School Grad

14.5 sq mi

ZIP Area

1,898

Density / Sq Mi

$109,338

Median Household Income

$57,751

Median Earnings

$1,805

Median Rent

$306,800

Median Home Value

Market

Vacancy Rate% for Office in Richmond, VA

5.7% 2019

7.2% 2020

7% 2021

8.2% 2022

8.4% 2023

12.1% 2024

11.8% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Office property available for sale in Richmond, Virginia.

Where is this office building located?

The property is located at 11311 Business Center Dr Richmond, VA.

What are key features of this property?

This property features: 10,000 SF office building; Located at 11311 Business Center Dr, Richmond, VA 23236