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    15 N 18Th St Richmond, VA 23223

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    For Lease
    Contact for pricing

    Newly renovated mixed-use property with spaces available for rent.

    Property size:
    2,294 SF
    Lot size:
    0.54 Acres

    Property Features for 15 N 18Th St

    General Information

    Size
    2,294 SF
    Lot size
    0.54 Acres

    Source: Cushman & Wakefield | Thalhimer - Corporate Agent Reilly Marchant

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

    Overview

    Renovated Mixed-Use Space For Rent

    This newly renovated mixed-use property offers spaces for rent, with sizes including 2,294 square feet, 1,701 square feet, 1,730 square feet, and 400 square feet. The spaces can be combined or leased separately. The property includes a large outdoor patio space, suitable for a restaurant. It is surrounded by offices, restaurants, and other attractions, offering excellent walkability. The site also features 31 apartments with parking. Delivery is expected in Q2 2024.
    Insight Report Location Intelligence

    Current Use by Public Records

    Market Villas Apartments Apartment Complex

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4269586
    Latitude
    37.533388

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    FAQs

    What type of property is this?
    Retail space - Newly renovated mixed-use property with spaces available for rent.
    Where is this retail space located?
    The property is located at 15 N 18Th St Richmond, VA.
    What are key features of this property?
    This property features: - Newly Renovated Mixed-Use Property with up to 6,125 SF; - Large outdoor patio space ideal for restaurant; - Spaces can be combined or leased separately (2,294 SF, 1,701 SF, 1,730 SF and 400 SF available)
    (804) 837-1118
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    15 N 18Th 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
    15 N 18Th St Richmond, VA 23223
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