Office Unit in Harbour
5925 Harbour Park Dr Midlothian, VA 23112
5925 Harbour Park Dr, Midlothian, VA, 23112
$610,000
For Sale
$610,000
Office unit for sale with 2544 square feet.
Property Size2,544 SF
Price / SF$239.78
Days on Market95
Property Features for 5925 Harbour Park Dr
General Information
- Standard status
- Active
- Size
- 2,544 SF
- Property subtype
- office
Listing Agency
Richmond
(804) 200-6384
Listed by
Adam Lawson · License #0225200968
(804) 200-6384
Source
Property.jll
Added: Apr 15 Checked: Jul 17 at 3:05 am
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 Richmond
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office unit with a size of 2544 square feet. Located on Harbour Park Drive in Midlothian, Virginia, this property is suitable for office use.
Key Highlights
- Office unit for sale
- 2544 square feet of space
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 | $43.3k | $17.04 |
| − Vacancy | −$6.1k | −$2.40 |
| EGI | $37.2k | $14.64 |
| − OpEx | −$9.3k | −$3.66 |
| NOI | $27.9k | $10.98 |
2,544 SF · lease $17.04/SF/yr · vacancy 14.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$399.0K
$349.1K – $465.5K
NOI $27,928 @ 7.0% cap · market cap 4.58%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$5.10M
$4.46M – $5.95M
NOI $356,793 @ 7.0% cap · market cap 58.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Stephen V. Sommers
Law Firm
Sommers Ulloa PLC
Law Firm
The Springer Agency
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office unit for sale with 2544 square feet.
Where is this office units located?
The property is located at 5925 Harbour Park Dr Midlothian, VA.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Office unit for sale; 2544 square feet of space
