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Office Building for Sale
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5918 W Broad St, Richmond, VA 23230

Office building offered for sale with a stated 6.50% cap rate and 22,659 SF.

Property Size22,659 SF
Days on Market133

Property Features for 5918 W Broad St

General Information

Standard status Active
Size 22,659 SF
Property subtype Office

Additional Details

Cap Rate 6.5%
Listing Agency: Matthews
Listed By: Michael Moreno · License #CA 01982943
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 9:49AM

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 Matthews

Investment Insights

Based on property information with market context.

This office building is offered for sale and is identified with a stated 6.50% cap rate and 22,659 SF of space.

The property is located at 5918 W Broad St in Richmond, VA 23230.

Key Highlights

  • Office building offered for sale with a stated 6.50% cap rate
  • Total building size: 22,659 SF

Property Analytics

Current Use

BluePearl Pet Hospital Veterinary Clinic Williamson Nicola L ... Veterinary Clinic Bush Advanced Veterinary ... Veterinary Clinic RadioCat Veterinary Clinic Bush Veterinary Neurology ... Veterinary Clinic

Suggested Use

Top Pick Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service Grocery & Convenience Store

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

1,211
Businesses Nearby

Demographics for 23230, VA

8,263
Population
5,066
Households
1.6
Avg Household Size
35
Median Age
52%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$71,189
Median Household Income
$55,121
Median Earnings
$1,608
Median Rent
$343,500
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building offered for sale with a stated 6.50% cap rate and 22,659 SF.
Where is this office building located?
The property is located at 5918 W Broad St Richmond, VA.
What are key features of this property?
This property features: Office building offered for sale with a stated 6.50% cap rate; Total building size: 22,659 SF
More about this property
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