Richmond Office Building For
201 W 7th St Richmond, VA
201 W 7th St, Richmond, VA, 00000
Contact for pricing
For Sale
Contact for pricing
40,000 SF office building with flexible vacancy.
Property Size40,000 SF
Lot Size0.79 Acres
Price / SF$156.25
Days on Market443
Property Features for 201 W 7th St
General Information
- Standard status
- Active
- Size
- 40,000 SF
- Lot size
- 0.79 Acres
- Property subtype
- OFFICE
Properties For Sale
at 201 W 7th St Contact us
Listing agency
One South Commercial
(804) 833-7909
Listed by
Chris Corrada
Source
Moodyscre
Added: May 5, 2025 Updated: Jul 6 at 9:24AM Checked: Jul 21 at 5:12AM
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 One South Commercial
Investment Insights
Based on property information with market context.
This 40,000 square foot office building is available for sale. It features a weighted average lease term of 5.43 years and an open, flexible vacancy. The property includes 80 parking spaces. It presents an ideal opportunity for an owner occupant.
Key Highlights
- Ideal owner occupant opportunity
- Excellent tenancy
- Open and flexible vacancy
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $849.6k | $21.24 |
| − Vacancy | −$132.5k | −$3.31 |
| EGI | $717.1k | $17.93 |
| − OpEx | −$179.3k | −$4.48 |
| NOI | $537.8k | $13.44 |
40,000 SF · lease $21.24/SF/yr · vacancy 15.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.68M
$6.72M – $8.96M
NOI $537,797 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.24M
$8.09M – $10.78M
NOI $646,894 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
YMCA of Greater Richmond
Charitable Organization
circle S studio
Advertising Agency
Grace Street Home ...
Architect
SIMPLE123.com
Corporate Office
Corrugated Box Building
Business Service Center
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FAQs
What type of property is this?
Office building - 40,000 SF office building with flexible vacancy.
Where is this office building located?
The property is located at 201 W 7th St Richmond, VA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Ideal owner occupant opportunity; Excellent tenancy; Open and flexible vacancy
