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    1506 Hull St Richmond, VA 23224

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    For Lease
    $18 SF/Yr ($7,519 /Mo)

    Versatile space in growing area, suitable for office/retail.

    Property size:
    5,013 SF
    Lot size:
    0.29 Acres

    Property Features for 1506 Hull St

    General Information

    Size
    5,013 SF
    Lot size
    0.29 Acres

    Source: Joyner Commercial Agent Bill Phillips

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Manchester Office/Retail Space Available

    This Manchester location offers versatile space suitable for office and retail uses, benefiting from B-5 zoning. The property features a large covered and secure exterior space. Public transportation is easily accessible, with a GRTC bus stop located one block away. The surrounding area has a significant residential population, with 6,858 apartment units within a 1-mile radius, and nearly 300 proposed units within 4 blocks, indicating potential for increased business activity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Imani Catering-Conference Center Banquet Hall As We Grow ... Day Care Center SRT Wealth Design ... Financial Planner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4470076
    Latitude
    37.5189349

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    FAQs

    What type of property is this?
    Office space - Versatile space in growing area, suitable for office/retail.
    Where is this office space located?
    The property is located at 1506 Hull St Richmond, VA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Versatile B-5 Zoning allows for office and retail uses; - 6,858 apartment units within 1 mile and nearly 300 proposed units within 4 blocks; - Large covered and secure exterior space
    (804) 363-5446
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    1506 Hull St Richmond, VA 23224
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    Richmond, VA 23224
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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
    1506 Hull St Richmond, VA 23224
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