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    122 Granite Ave Richmond, VA 23226

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    For Sale
    Contact for pricing

    8,400 SF Office Building - Richmond, VA

    Property size:
    8,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,400 square foot executive office building opportunity presents a rare chance to own a custom-designed space in Richmond, Virginia's desirable Libbie & Grove neighborhood. Located at 122 Granite Avenue, this property offers a unique chance to build your ideal office space, with the seller actively assisting with entitlements, design, and construction. The site is perfectly situated to accommodate the entire 8,400 square feet, including ample parking. This prime location boasts proximity to affluent neighborhoods like Westhampton and Wilton, providing easy access to a thriving community. Within a mile's radius, you'll find the University of Richmond, The Country Club of Virginia, prestigious schools such as St. Catherine's, St. Christopher's, and St. Mary's Hospital. Enjoy the convenience of nearby restaurants, shopping, and other amenities, all within walking distance. This is a once-in-a-generation opportunity to establish your business in a highly sought-after area, combining prime location with the flexibility to create a bespoke office environment tailored to your specific needs. The property is zoned for office use and is situated in Richmond city County, Virginia, zip code 23226. Contact for pricing and further details.

    Property Features for 122 Granite Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,400 SF

    HighLights

    • Rare opportunity to own at Libbie & Grove.
    • Build‑to‑suit office building available.
    • Up to 8,400 SF of office space with parking possible.
    • Seller assistance with entitlements, design, and construction.
    • Prime location near Granite & Grove Avenues.
    • Desirable Westhampton/Wilton location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Accounting Works, Inc. Accountant Marie Carter PLC Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond city
    State
    Virginia
    Longitude
    -77.5173116
    Latitude
    37.5723486

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    FAQs

    What type of property is this?
    Office Property / Space - 8,400 SF Office Building - Richmond, VA
    Where is this office property / space located?
    The property is located at 122 Granite Ave Richmond, VA.
    What are key features of this property?
    This property features: Rare opportunity to own at Libbie & Grove.; Build-to-suit office building available.; Up to 8,400 SF of office space with parking possible.
    Request Owner's contact information
    122 Granite Ave Richmond, VA 23226
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    Richmond, VA 23226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    122 Granite Ave Richmond, VA 23226
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