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Flex Space with Office Area
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4903-4905 West Marshall Street, Richmond, VA 23230

B-3-zoned commercial space with a dedicated office component and available area for lease.

Space Size4,050 SF
Property Size5,634 SF
Lot Size0.27 Acres
Days on Market8

Property Features for 4903-4905 West Marshall Street

General Information

Standard status Active
Size 4,050 SF
Net Rentable 4,050 SF
Lot size 0.27 Acres
Property subtype Industrial
Zoning B-3

Space & Availability

Available Space 4,050 SF
Contiguous Space 4,050 SF
Space Use Flex

Lease Terms

Lease Rate $12 /USD/SF/YR
Monthly Rent $4,050
Rent per SF/Year $12

Additional Details

Office Build-Out 540 SF

Building Details

Building Size 5,634 SF
Tenancy Single

Spaces For Lease

at 4903-4905 West Marshall Street Contact us

#4905-A

Size
4,050 SF
Type
Industrial
Availability
Active
Contact us
Listing Agency: Porter Realty Company, Inc.
Listed By: Wilson M. Flohr · License #VA 0225201087
Source: Crexi
Added: Aug 28 Changed: Sep 3 Last Checked: Sep 3 at 2:40AM

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 Porter Realty Company, Inc.

Investment Insights

Based on property information with market context.

This flex property provides 5,634 SF within a 0.27-acre site, with 4,050 SF currently available for lease. The available area includes 540 SF of office space, supporting a combination of administrative and operational functions within the same commercial facility.

Located at 4903-4905 West Marshall Street in Richmond, VA, the property carries B-3 zoning. Lease structure is negotiable, allowing terms to be discussed based on the selected occupancy arrangement.

Key Highlights

  • 5,634 SF building on a 0.27 acre lot
  • 4,050 SF available for lease
  • 540 SF of office space included

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Hotel & Motel Parking Lot & Garage Grocery & Convenience Store Garden Center Barber Shop

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,016
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23230, VA

8,263
Population
5,066
Households
1.6
Avg Household Size
35
Median Age
52%
College-Educated
89%
High-School Grad
4.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$71,189
Median Household Income
$55,121
Median Earnings
$1,608
Median Rent
$343,500
Median Home Value

Market

Lease Benchmarks for Richmond, VA

$13.24 /SF/Yr
Avg Asking Price
$7.46–$15 /SF/Yr
Price Range
13,883 SF
Avg Space Size

This space is priced 9% below the average of $13.24 /SF/Yr.

Vacancy Rate% for Industrial in Richmond, VA

2.9% 2019
3.7% 2020
2.5% 2021
2.8% 2022
3.1% 2023
3.7% 2024
3.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Everyday Gourmet RVA 6010 N Crestwood Ave B, Richmond, VA 23230

Frequently Asked Questions

What type of property is this?
Flex space - B-3-zoned commercial space with a dedicated office component and available area for lease.
Where is this flex space located?
The property is located at 4903-4905 West Marshall Street Richmond, VA.
What are key features of this property?
This property features: 5,634 SF building on a 0.27 acre lot; 4,050 SF available for lease; 540 SF of office space included
More about this property
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