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    112 N 8Th St Richmond, VA 23219

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    For Lease
    $16 SF/Yr ($6,473 /Mo)

    Office/retail space with garage parking in a vibrant location.

    Property size:
    4,708 SF
    Lot size:
    0.29 Acres

    Property Features for 112 N 8Th St

    General Information

    Size
    4,708 SF
    Lot size
    0.29 Acres

    Source: Divaris Real Estate - Richmond Agent Loretta Cataldi

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

    Overview

    Office/Retail Space with Garage Parking

    This 4,708-square-foot property is suitable for office or retail use. Garage parking is available. The location is surrounded by newly renovated residential buildings, including The Edison, a 174-unit apartment complex. It is conveniently located near entertainment venues, hotels, and restaurants. Museums, Brown's Island, and Belle Island are within walking distance. The property offers easy access to Broad Street, I-95, and 195.
    Insight Report Location Intelligence

    Current Use by Public Records

    700 E Franklin ... Parking Lot Parking Garage Parking Garage Pivot Parking Richmond, ... Parking Lot

    Suggested Use

    Realty agency Spa & Massage Restaurant Hair Salon Dental Office Nail Salon Building Supply Daycare Center Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4361173
    Latitude
    37.5401015

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    FAQs

    What type of property is this?
    Retail space - Office/retail space with garage parking in a vibrant location.
    Where is this retail space located?
    The property is located at 112 N 8Th St Richmond, VA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Garage parking available; - Surrounded by newly renovated residential, including the adjoining 174-unit Edison apartments; - Close proximity to entertainment, hotels, and restaurants
    (804) 643-4700
    Request Owner's contact information
    112 N 8Th St Richmond, VA 23219
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    Richmond, VA 23219
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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
    112 N 8Th St Richmond, VA 23219
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