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Two-Story Office Building
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1201 Old Francis Rd, Glen Allen, VA 23059

Two-story office building offered with 1st- and 2nd-floor space plus basement storage and 22 parking spaces.

Property Size2,859 SF
Lot Size1.24 Acres
Days on Market823

Property Features for 1201 Old Francis Rd

General Information

Standard status Active
Size 2,859 SF
Total Parking Spaces 22
Lot size 1.24 Acres
Property subtype OFFICE
Zoning B-3
Lease Type SF/yr

Additional Details

Highway Access Yes

Building Details

Year Built 1951
Stories 2
Listing Agency: Porter Realty Company, Inc - CORFAC International
Listed By: Clifford Porter
Source: Moodyscre
Added: Apr 30, 2024 Changed: Jul 26 Last Checked: Jul 30 at 2:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porter Realty Company, Inc - CORFAC International

Investment Insights

Based on property information with market context.

This two-story office building was built in 1951 and is offered for lease or sale. The property includes 2,859 SF on the first floor and 3,026 SF on the second floor, for a total of 5,885 SF, along with 2,142 SF of basement storage. On-site parking is available with 22 parking spaces.

The property is zoned B-3 and sits on 1.24 acres. It is described as convenient to I-295 and I-95.

For lease, the offering is structured on a per-square-foot basis with NNN terms, with multiple floor areas available within the same building.

Key Highlights

  • Two‑story office building with 5,885 SF total plus 2,142 SF basement storage
  • 1st‑floor office space: 2,859 SF; 2nd‑floor office space: 3,026 SF
  • 22 parking spaces on a 1.24‑acre site

Property Analytics

Current Use

Virigina ABA Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Parking Lot & Garage

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

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby

Demographics for 23059, VA

40,249
Population
15,783
Households
2.6
Avg Household Size
40
Median Age
70%
College-Educated
97%
High-School Grad
45.8 sq mi
ZIP Area
879
Density / Sq Mi
$153,719
Median Household Income
$78,867
Median Earnings
$1,840
Median Rent
$573,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two-story office building offered with 1st- and 2nd-floor space plus basement storage and 22 parking spaces.
Where is this office units located?
The property is located at 1201 Old Francis Rd Glen Allen, VA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Two‑story office building with 5,885 SF total plus 2,142 SF basement storage; 1st‑floor office space: 2,859 SF; 2nd‑floor office space: 3,026 SF; 22 parking spaces on a 1.24‑acre site
(804) 521-1458 Call to check price and availability
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