Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4551 Cox Rd Glen Allen, VA 23060

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Modern office space with lake views and walking trails.

    Property size:
    3,693 SF
    Lot size:
    6.33 Acres

    Property Features for 4551 Cox Rd

    General Information

    Size
    3,693 SF
    Lot size
    6.33 Acres

    We can help!

    Listing Contact
    Catherine Haywood
    Source: Moodyscre

    Listing Agency: Highwoods Properties | Richmond Listing Agent: Catherine Haywood

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

    Learn more

    Property Insight Report

    Overview

    Innsbrook Centre Waterfront Office Space

    Innsbrook Centre offers a waterfront workspace located in the Innsbrook Corporate Center. The property features large windows that provide natural light, creating an inviting and productive atmosphere. A feature wall welcomes visitors to the modern lobby, which also includes a digital directory and a Take 5 Market for refreshments. The location provides lake views and direct access to over five miles of walking and jogging trails. The property has a size of 3693 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LeafSpring Schools - Corporate ... Corporate Office Heyward Jr Allan ... Law Firm Deanna D. Cook, ... Law Firm Cravens & Noll PC Law Firm Feehan Timothy S Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Glen Allen
    County
    Henrico
    State
    Virginia
    Longitude
    -77.5742389
    Latitude
    37.6607259

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      Glen Allen

      Discover many ways to work your way in Glen Allen
      4870 Sadler Rd, Glen Allen, VA 23060
      View Details
    • Contact for pricing

      Retail Strip Center on Broad

      Retail spaces for lease in active Richmond corridor.
      10180 West Broad St, Glen Allen, VA 23060
      View Details
    • $29 SF/Yr
      3,500 SF

      Retail Space Near I-95

      Retail spaces available in high-demand shopping center near I-95.
      1080 Virginia Center Pkwy, Glen Allen, VA 23059
      View Details
    • Contact for pricing

      Glen Allen Office Space Available

      Office space for rent in a prime Glen Allen location.
      5300 Hickory Park Dr, Glen Allen, VA 23059
      View Details
    • $14 SF/Yr
      25,102 SF

      Class A Office in Innsbrook

      Class A office space with lakefront views and modern amenities.
      10900 Nuckols Rd, Glen Allen, VA 23060
      View Details
    • Contact for pricing
      3,092 SF

      Retail Space in High-Traffic Area

      1,320 SF retail suite available in established shopping center.
      4350 Pouncey Tract Rd, Glen Allen, VA 23060
      View Details
    • Contact for pricing
      2,832 SF

      Glen Allen Medical Office Space

      Medical office space for lease in Glen Allen, Virginia.
      11551 Nuckols Rd, Glen Allen, VA 23059
      View Details
    • Contact for pricing
      47,414 SF

      Retail Space for Lease

      Retail space available for lease with new pad site development.
      2250 Old Brick Rd, Glen Allen, VA 23060
      View Details
    • $1,800 /Mo

      Rooms for Rent with Attached Baths

      Rooms for rent with attached baths, utilities included.
      5225 Hickory Park Dr, Glen Allen, VA 23059
      View Details
    • Contact for pricing
      60,000 SF

      Glen Allen Office Space Available

      Office space for rent with convenient highway access.
      10800 Nuckols Rd, Glen Allen, VA 23060
      View Details
    • Contact for pricing
      5,935 SF

      Renovated Office Building in Raleigh-Durham

      Class A office building with modern amenities in the Triangle.
      4190-4196 Innslake Dr, Glen Allen, VA 23060
      View Details
    • Contact for pricing
      20,000 SF

      Glen Allen Office Space Available

      Office space with building signage and covered parking.
      2151 Old Brick Rd, Glen Allen, VA 23060
      View Details

    FAQs

    What type of property is this?
    Office units - Modern office space with lake views and walking trails.
    Where is this office units located?
    The property is located at 4551 Cox Rd Glen Allen, VA.
    What are key features of this property?
    This property features: - Prime waterfront location within the highly desirable Innsbrook Corporate Center.; - Breathtaking lake views.; - Direct access to over five miles of scenic walking and jogging trails.
    (804) 290-2154 Call to check price and availability
    Request Owner's contact information
    4551 Cox Rd Glen Allen, VA 23060
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4551 Cox Rd
    Glen Allen, VA 23060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4551 Cox Rd Glen Allen, VA 23060
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Catherine Haywood
    (804) 290-2154 (804) 747-7800
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!