2604 N Parham Rd, Henrico, VA
Three-story office building with high visibility and ample parking.
- Added:
- May 16, 2023
- Days on Market:
- 1127
- Last Refresh:
- May 20 at 9:07 pm
Property Features for 2604 N Parham Rd
General Information
- Standard status
- Active
- Size
- 12,876 SF
- Lot size
- 0.79 Acres
- Property subtype
- OFFICE
Properties For Sale
at 2604 N Parham Rd Contact us
Listing agent Yasmine Hamad
Listing office Partner Commercial (804) 308-8109
Listing date May 16, 2023
Source Moodyscre
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 Partner Commercial
HighLights
- Seconds from I‑64
- 12,876 total SF available
- Ample parking
- Highly visible signage
- Well maintained property
- Three story Colonial brick office building
Overview
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 | $106.6k | $8.28 |
| − Vacancy | −$8.0k | −$0.62 |
| EGI | $98.6k | $7.66 |
| − OpEx | −$24.7k | −$1.91 |
| NOI | $74.0k | $5.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Henrico
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.6422
- Latitude
- 37.5916
