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    2216 Magnolia St Richmond, VA 23223

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    For Lease
    Contact for pricing

    20,720 SF office/flex space available for sublease.

    Property size:
    20,720 SF
    Lot size:
    0.95 Acres

    Property Features for 2216 Magnolia St

    General Information

    Size
    20,720 SF
    Lot size
    0.95 Acres

    Source: CBRE | Richmond Agent Chris Wallace

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

    Overview

    Office/Flex Space for Sublease

    This property offers 20,720 square feet of office/flex space available for sublease. The building is suitable for various uses, including office/warehouse, office, or data center operations. A fenced storage lot is included. The sublease term extends through March 14, 2028.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sprint Telecommunications Service Provider

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4129991
    Latitude
    37.5588529

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    FAQs

    What type of property is this?
    Flex space - 20,720 SF office/flex space available for sublease.
    Where is this flex space located?
    The property is located at 2216 Magnolia St Richmond, VA.
    What are key features of this property?
    This property features: - 20,720 SF of office/flex space; - Sublease term through March 14, 2028; - Building can accommodate office/warehouse, office or data center
    (804) 502-8271
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    2216 Magnolia St Richmond, VA 23223
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    Richmond, VA 23223
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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
    2216 Magnolia St Richmond, VA 23223
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