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2821 N Parham Rd, Richmond, VA 23294

Renovated office and medical suites with ample parking and easy access to I-64 and W Broad Street.

Property Size4,085 SF
Days on Market123

Property Features for 2821 N Parham Rd

General Information

Standard status Active
Size 4,085 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Highway Access Yes
Listing Agency: Commonwealth Commercial
Listed By: Todd Buttner · License #0225246341
Source: Moodyscre
Added: Mar 31 Changed: Jul 27 Last Checked: Jul 30 at 2:41PM

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

Investment Insights

Based on property information with market context.

This property offers 1,203 to 4,085± RSF of office and/or medical office space available immediately. Recent renovations include new common area flooring, paint, restrooms, landscaping, roof, and HVAC, supporting a refreshed, move-in-ready environment.

The building is located on N Parham Road with easy access to I-64 and W Broad Street. Ample parking is available, and nearby dining and retail amenities can support everyday client and staff needs.

Suites are offered with leasing terms at $16.50 PSF, net of janitorial services.

Key Highlights

  • 1,203–4,085± RSF office and/or medical office space on N Parham Road
  • Available immediately
  • Recent renovations include new common area flooring, paint, restrooms, landscaping, roof, and HVAC

Property Analytics

Current Use

Harkrader J Collin ... Ophthalmologist Khudsia M Hyder Dental Office Dr. David Todd Physician Dr. Garth Stevens Ophthalmologist Signature Smiles on Parham Dental Office

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store HVAC Service Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

863
Businesses Nearby

Demographics for 23294, VA

18,538
Population
8,745
Households
2.1
Avg Household Size
34
Median Age
39%
College-Educated
91%
High-School Grad
4.2 sq mi
ZIP Area
4,414
Density / Sq Mi
$66,587
Median Household Income
$46,387
Median Earnings
$1,553
Median Rent
$279,600
Median Home Value

Market

Lease Benchmarks for Richmond, VA

$24.66 /SF/Yr
Avg Asking Price
$8.47–$180 /SF/Yr
Price Range
16,848 SF
Avg Space Size

This space is priced 33% below the average of $24.66 /SF/Yr.

Vacancy Rate% for Office in Richmond, VA

5.7% 2019
7.2% 2020
7% 2021
8.2% 2022
8.4% 2023
12.1% 2024
11.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Renovated office and medical suites with ample parking and easy access to I-64 and W Broad Street.
Where is this office units located?
The property is located at 2821 N Parham Rd Richmond, VA.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: 1,203–4,085± RSF office and/or medical office space on N Parham Road; Available immediately; Recent renovations include new common area flooring, paint, restrooms, landscaping, roof, and HVAC
(804) 793-0049 Call to check price and availability
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