Richmond Office Building For
For Sale
Contact for pricing
2500 - 2505 Pocoshock Pl, Richmond, VA 23235
Office building for sale in Richmond, Virginia.
Property Size41,806 SF
Price / SF$155.48
Days on Market509
Property Features for 2500 - 2505 Pocoshock Pl
General Information
Standard status
Active
Size
41,806 SF
Property subtype
Office
Occupancy
100%
Net Operating Income
$528,000
Building Details
Stories
5
Listing Agency:
Commonwealth Commercial Partners
Listed By:
Maddie Strieffler · License #0225274870
(804) 793-0050
Source:
Crexi
Added: May 26, 2025
Changed: Oct 13
Last Checked: Oct 16 at 7:11AM
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 Commonwealth Commercial Partners
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with a property size of 41,806 square feet. The property is located in Richmond, Virginia.
Key Highlights
- No property information was provided to analyze.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$562,078
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,241,560
$11.2M
Cap Rate 7%
$8,029,686
$8.0M
Cap Rate 9%
$6,245,311
$6.2M
Market Conditions
NOI Build-Up for 41,806 SF
Gross rent
$888.0K $21.24/SF
− Vacancy
−$138.5K −$3.31/SF
EGI
$749.4K $17.93/SF
− OpEx
−$187.4K −$4.48/SF
NOI
$562.1K $13.44/SF
Area
Richmond, VA
Vacancy
15.60%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,241,560
Cap Rate 7%
$8,029,686
Cap Rate 9%
$6,245,311
Alternative Uses
Best Use
Office B
$8.03M
$7.03M – $9.37M
NOI $562,078 @ 7.0% cap · market cap 8.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.66M
$8.45M – $11.27M
NOI $676,101 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 23235, VA
34,058
Population
14,973
Households
2.3
Avg Household Size
42
Median Age
50%
College-Educated
92%
High-School Grad
17.8 sq mi
ZIP Area
1,913
Density / Sq Mi
$89,959
Median Household Income
$54,403
Median Earnings
$1,663
Median Rent
$324,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Richmond, VA
Frequently Asked Questions
What type of property is this?
Office building - Office building for sale in Richmond, Virginia.
Where is this office building located?
The property is located at 2500 - 2505 Pocoshock Pl Richmond, VA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: No property information was provided to analyze.
