Listing Agency: CBRE | Richmond m***@cbre.com Show Phone

Listed By: Doug O Tice IV Show Phone

Source: Moodyscre

Added: Feb 27, 2024 Changed: Jul 6 Last Checked: Jul 21 at 5:49AM

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Investment Insights

Based on property information with market context.

This office building features excellent frontage on West Broad Street, offering building signage opportunities. The property has been recently updated with new finishes throughout, enhancing its appeal. New LED lighting has been installed throughout the building. A new HVAC system was installed in 2018, and a new roof was installed in 2019. The property provides a parking ratio of 2.93 spaces per 1,000 square feet. The property contains 5978 square feet of space.

Key Highlights

• Excellent West Broad Street frontage with building signage
• Parking ratio of 2.93 per 1,000 SF
• New roof installed 2019

Property Analytics

Property Profile

Current Use

Attorney Big Al- ... Law Firm Association Community Services Business Management Consultant Darby Lawes Loan Service Peyton Deckelman Team ... Loan Service Peyton Roinnel Loan Service

Suggested Use

Top Pick Electrical Service Hotel & Motel Parking Lot & Garage Grocery & Convenience Store Garden Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,880

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Office in Richmond, VA

5.7% 2019

7.2% 2020

7% 2021

8.2% 2022

8.4% 2023

12.1% 2024

11.8% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Recently updated office building with excellent frontage and ample parking.

Where is this office building located?

The property is located at 4912 W Broad St Richmond, VA.

What are key features of this property?

This property features: Excellent West Broad Street frontage with building signage; Parking ratio of 2.93 per 1,000 SF; New roof installed 2019