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    3700 Festival Park Plz Chester, VA 23831

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    For Lease
    $20 SF/Yr ($10,530 /Mo)

    6,318 SF office space with elevator access.

    Property size:
    6,318 SF
    Lot size:
    0.55 Acres

    Property Features for 3700 Festival Park Plz

    General Information

    Size
    6,318 SF
    Lot size
    0.55 Acres

    Source: Specter Properties Inc Agent Mark B. Specter

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

    Overview

    Second Floor Office Space Available

    This 6,318 square-foot office space is located on the second floor and is accessible via an elevator in the common area. The layout includes a large kitchen area measuring 18'7" x 14'6", twelve offices of varying sizes, and a training room measuring 31'5" x 19'6". There is also a large open space that currently accommodates seven cubicles, along with an area designated for a copy machine and storage. The space also contains two bathrooms.
    Insight Report Location Intelligence

    Current Use by Public Records

    Goodman & Co Llp Accountant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Chesterfield
    State
    Virginia
    Longitude
    -77.4447736
    Latitude
    37.358331

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    FAQs

    What type of property is this?
    Office space - 6,318 SF office space with elevator access.
    Where is this office space located?
    The property is located at 3700 Festival Park Plz Chester, VA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Large 6,318 sq ft second-floor space suitable for various business needs.; - Features **twelve private offices**.; - Includes a **dedicated training room** (31’5” x 19’6”).
    (804) 777-7070
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    3700 Festival Park Plz Chester, VA 23831
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    Chester, VA 23831
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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
    3700 Festival Park Plz Chester, VA 23831
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