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    8580 Magellan Pkwy Richmond, VA 23227

    For Lease
    Contact for pricing

    72,890 SF single-story office building with convenient highway access.

    Property size:
    72,890 SF
    Lot size:
    9.32 Acres

    Property Features for 8580 Magellan Pkwy

    General Information

    Size
    72,890 SF
    Lot size
    9.32 Acres

    Source: Colliers | Richmond North Agent Frank Hargrove III

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

    Overview

    Class A Office Building Available

    This 72,890 square foot, single-story, Class A office building offers direct access to I-95, Route 1, I-295, and Route 301. The property is professionally managed and features monument signage. Ample parking is available at a ratio of 4.64 spaces per 1,000 square feet. The building is equipped with full backup generators. It is located in proximity to the Virginia Center Commons redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ferrell Melissa W Social Worker Smithline Daurie MD Doctor William Anderson, MD Doctor Segura Victoria MD Pain Management Physician Bon Secours Bereavement Counselor

    Suggested Use

    Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Pharmacy Department Store Accounting Firm 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
    -77.4347979
    Latitude
    37.648913

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    FAQs

    What type of property is this?
    Office building - 72,890 SF single-story office building with convenient highway access.
    Where is this office building located?
    The property is located at 8580 Magellan Pkwy Richmond, VA.
    What are key features of this property?
    This property features: - Direct access to I-95, Rt 1, I-295 and Route 301; - 72,890 SF Class A office building; - Ample parking - **4.64/1,000 SF**
    (804) 320-5500
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    8580 Magellan Pkwy Richmond, VA 23227
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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
    8580 Magellan Pkwy Richmond, VA 23227
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