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    1950 E Parham Rd Henrico, VA

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    For Lease
    $23 SF/Yr ($15,877 /Mo)

    Class A office space with contemporary furnishings and ample parking.

    Property size:
    8,284 SF
    Lot size:
    9.35 Acres

    Property Features for 1950 E Parham Rd

    General Information

    Size
    8,284 SF
    Lot size
    9.35 Acres

    Source: Commonwealth Commercial Agent Eric Hammond

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

    Overview

    Move-in Ready Class A Office

    This move-in ready Class A office space features existing contemporary furnishings, including cubicles, desks, and office furniture. It presents an excellent corporate campus opportunity with ample on-site parking. The location provides convenient access to I-95, I-295, and I-64. Nearby amenities include the proposed Green City development, the Virginia Center Commons redevelopment, and multiple dining and retail options. The property is under new ownership and offers 8284 square feet of office space.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.6421577
    Latitude
    37.59161

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    FAQs

    What type of property is this?
    Office space - Class A office space with contemporary furnishings and ample parking.
    Where is this office space located?
    The property is located at 1950 E Parham Rd Henrico, VA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Move-in ready Class A office space with existing contemporary furnishings.; - Excellent corporate campus opportunity.; - Ample on-site parking with convenient access to I-95, I-295, and I-64.
    (804) 346-4966
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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
    1950 E Parham Rd Henrico, VA
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