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    26 N 8Th St Richmond, VA 23219

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    For Sale
    Contact for pricing

    Located in Richmond's Central Business District near government buildings.

    Property size:
    3,015 SF
    Lot size:
    0.02 Acres

    Property Features for 26 N 8Th St

    General Information

    Size
    3,015 SF
    Lot size
    0.02 Acres

    Source: Sperity Real Estate Ventures Agent Nathan Hughes

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

    Overview

    Richmond CBD Office/Retail Building

    Located in the heart of the Central Business District of the City of Richmond, this property is situated on a corridor with similar small-scale buildings and local businesses. The location offers close proximity to numerous offices, restaurants, and apartment buildings. Its nearness to the Federal Courthouse, the General Assembly Building, and City Hall makes it a popular spot for lobbying and legal firms. The property is 3015 square feet. Current tenants have been in place for close to five years and have expressed no interest in moving. The law office upstairs and downstairs is an extension of the coffee shop next door, used for storage and infrequent small events. Both HVAC units were replaced in August 2023.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness 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
    -77.4377044
    Latitude
    37.5385438

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    FAQs

    What type of property is this?
    Office building - Located in Richmond's Central Business District near government buildings.
    Where is this office building located?
    The property is located at 26 N 8Th St Richmond, VA.
    What are key features of this property?
    This property features: - Prime location in the heart of Richmond's Central Business District, close to offices, restaurants, and apartment buildings.; - Proximity to the Federal Courthouse, General Assembly Building, and City Hall.; - Both **HVAC units replaced in August 2023**.
    (804) 349-1000
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    26 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
    26 N 8Th St Richmond, VA 23219
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