Listing Agency: Porter Realty Company, Inc.

Listed By: Robert Porter, III · License #VA0225243928

Source: Crexi

Added: Apr 15, 2023 Changed: Aug 28 Last Checked: Aug 29 at 4:37AM

Report an Issue

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.

Investment Insights

Based on property information with market context.

This commercial property presents a fully leased investment opportunity. The property offers a capitalization rate of 7.25% to 7.50%. The property size is 13984 square feet.

Key Highlights

• Fully Leased Investment Opportunity
• 7.25% - 7.50% Cap Rate

Property Analytics

Property Profile

Current Use

Atwood's Printing Marketing & Advertising Sandston Bistro & Shakes Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store Pharmacy

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

278

Businesses Nearby

Explore this area Business Placement

Demographics for 23150, VA

12,556

Population

5,446

Households

2.3

Avg Household Size

43

Median Age

21%

College-Educated

91%

High-School Grad

29.5 sq mi

ZIP Area

426

Density / Sq Mi

$76,184

Median Household Income

$45,540

Median Earnings

$1,185

Median Rent

$264,600

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Office building - Commercial property for sale, offering a fully leased investment opportunity.

Where is this office building located?

The property is located at 18 W Williamsburg Rd Sandston, VA.

What are key features of this property?

This property features: Fully Leased Investment Opportunity; 7.25% - 7.50% Cap Rate