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    1840 W Broad St Richmond, VA 23220

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    For Lease
    Contact for pricing

    Office suite in historic building with open floor plan.

    Property size:
    5,807 SF
    Lot size:
    1.31 Acres

    Property Features for 1840 W Broad St

    General Information

    Size
    5,807 SF
    Lot size
    1.31 Acres

    Source: Commonwealth Commercial Agent Robbie Berndt

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

    Overview

    Creative Office Space Available

    An office suite offering approximately 5,807 square feet is available within a historic building, situated in the Sauer Center development. The space features a creative office environment, characterized by an open floor plan and a mezzanine. The property benefits from a prime location, fronting West Broad Street at the corner of Hermitage Road. Free surface lot parking is available. The location offers excellent walkability, with proximity to Whole Foods Market and Lee’s Famous Chicken.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quinn Evans Architecture Firm Benjamin and DesPortes Attorney Focus Development Real Estate Developer Sauer Properties Contractor Connor's Heroes Non-Profit Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.459997
    Latitude
    37.5566645

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    FAQs

    What type of property is this?
    Office space - Office suite in historic building with open floor plan.
    Where is this office space located?
    The property is located at 1840 W Broad St Richmond, VA.
    What are key features of this property?
    This property features: - Prime location on W. Broad Street at the corner of Hermitage Road.; - Creative office environment with open floor plan and mezzanine.; - 5,807± SF Office suite available.
    (804) 346-4966
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    Richmond, VA 23220
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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
    1840 W Broad St Richmond, VA 23220
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