Medical Office Condo For
For Sale
Contact for pricing
2530 Gaskins Rd, Richmond, VA
Medical office condo in desirable West End location.
Property Size2,919 SF
Lot Size6.82 Acres
Price / SF$325.45
Days on Market530
Property Features for 2530 Gaskins Rd
General Information
Standard status
Active
Size
2,919 SF
Lot size
6.82 Acres
Property subtype
OFFICE
Listing Agency:
Taylor Long Properties
(804) 864-9788
Listed By:
Rebecca von Meister · License #VA0225232694
(757) 298-2016
Source:
Moodyscre
Added: May 15, 2025
Changed: Oct 25
Last Checked: Oct 26 at 7:45PM
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 Taylor Long Properties
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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 2,535 square foot medical office condo is available for sale. It is located in the West End of Henrico County. The property is a fully built-out medical office condo. All furniture, fixtures, and equipment (FFE) convey with the sale. The location benefits from high traffic volume, with 14,000 vehicles per day (VPD) on Gaskins Road and 30,000 VPD on Ridgefield Parkway.
Key Highlights
- Fully built out medical office condo
- Located in the highly desirable West End of Henrico County
- All FFE convey
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,867
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,340
$837.3K
Cap Rate 7%
$598,100
$598.1K
Cap Rate 9%
$465,189
$465.2K
Market Conditions
NOI Build-Up for 2,919 SF
Gross rent
$76.0K $26.04/SF
− Vacancy
−$6.2K −$2.14/SF
EGI
$69.8K $23.90/SF
− OpEx
−$27.9K −$9.56/SF
NOI
$41.9K $14.34/SF
Area
Richmond, VA
Vacancy
8.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,340
Cap Rate 7%
$598,100
Cap Rate 9%
$465,189
Alternative Uses
Best Use
Healthcare Medical
$598.1K
$523.3K – $697.8K
NOI $41,867 @ 7.0% cap · market cap 4.41%
Second Best
Office B
$560.7K
$490.6K – $654.1K
NOI $39,246 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$674.4K
$590.1K – $786.8K
NOI $47,207 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office condo in desirable West End location.
Where is this medical office space located?
The property is located at 2530 Gaskins Rd Richmond, VA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Fully built out medical office condo; Located in the highly desirable West End of Henrico County; All FFE convey
