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    8917 Fargo Rd Richmond, VA 23229

    For Sale
    $2,300,000

    11,654 SF medical/office building on 1.07 AC for sale.

    Property size:
    11,654 SF
    Lot size:
    1.10 Acres

    Property Features for 8917 Fargo Rd

    General Information

    Size
    11,654 SF
    Lot size
    1.10 Acres

    Source: Commonwealth Commercial Agent Jamie Galanti

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

    Overview

    Medical/Office Building For Sale

    This 11,654 square foot medical/office building is available for sale. Situated on a 1.07 acre lot, the property is located in an Opportunity Zone. The property is income producing and ideally suited for an owner-occupant, with 3,000 to 6,000 square feet available. The location offers medical appropriate parking at a ratio of 5 spaces per 1,000 square feet. It benefits from a signalized intersection on nearby Parham Road and close proximity to Regency Mall and numerous amenities off Parham Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commonwealth Prosthodontics Prosthodontist Dr. David M ... Prosthodontist Jonathan E Carlton ... Dentist Spainhour Stephen E ... Dentist Levin Jeffrey DDS Dentist

    Suggested Use

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

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

    Similar Places Nearby

    Quioccasin Veterinary Hospital, Tuckahoe Veterinary Hospital, Petco Vaccination Clinic, Evans Carolyn DVM, Petco Vaccination Clinic

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.56685
    Latitude
    37.606985

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    FAQs

    What type of property is this?
    Medical office - 11,654 SF medical/office building on 1.07 AC for sale.
    Where is this medical office located?
    The property is located at 8917 Fargo Rd Richmond, VA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Income-producing property with owner-occupant potential (3,000-6,000± SF available); - Medical appropriate parking (5:1,000); - 11,654± SF medical/office building
    (804) 346-4966
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    Richmond, VA 23229
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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
    8917 Fargo Rd Richmond, VA 23229
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