Listing Agency: Commonwealth Commercial Partners Show Phone

Listed By: Jamie Galanti · License #VA

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 6:47PM

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Investment Insights

Based on property information with market context.

This office building contains 12,888 square feet of commercial space. The property is located at 8804 Patterson Avenue in Richmond, Virginia 23229.

Key Highlights

• 12,888 SF office building
• Located at 8804 Patterson Avenue
• Richmond, VA 23229

Property Analytics

Property Profile

Current Use

HomeServices Property Management ... Property Management Company Cruickshanks Robert E ... Dental Office Prosperity Mortgage Corporation Loan Service Long & Foster Real ... Real Estate Agency Sheri Butler, Long ... Real Estate Agency

Suggested Use

Top Pick HVAC Service Auto Parts Store Kitchen & Bath Showroom Building Supply Garden Center Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

728

Businesses Nearby

Explore this area Business Placement

Demographics for 23229, VA

34,471

Population

14,210

Households

2.4

Avg Household Size

40

Median Age

59%

College-Educated

92%

High-School Grad

14.0 sq mi

ZIP Area

2,462

Density / Sq Mi

$102,415

Median Household Income

$51,442

Median Earnings

$1,385

Median Rent

$468,800

Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?

Office building - Professional office property with a substantial commercial workspace.

Where is this office building located?

The property is located at 8804 Patterson Ave Richmond, VA.

What are key features of this property?

This property features: 12,888 SF office building; Located at 8804 Patterson Avenue; Richmond, VA 23229