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    912 Tulip St Richmond, VA 23223

    For Lease
    $18 SF/Yr ($4,500 /Mo)

    Richmond, VA: Renovated Creative Office

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3,000 square foot creative office space at 912 Tulip St, Richmond, VA, is undergoing a complete renovation, with completion anticipated in Fall 2024. Located in the Union Hill submarket, this single-tenant property sits on a 0.23-acre lot and features two divisible suites: one 1,100 square feet and another 1,900 square feet, combinable for a total of 3,000 contiguous square feet. The building, classified as Class C, boasts new major systems post-renovation (completed in 2024) and includes a tenant improvement allowance for basic build-out. The roof is being replaced with a modern flat design. The property is zoned R-63 and is part of a larger development including a new nine-unit multi-family building. While there are no on-site parking spaces or elevators, its prime location near Venable St offers convenient access. This is a unique opportunity to secure a newly renovated space in a vibrant, up-and-coming neighborhood. The property is ideal for a variety of creative businesses seeking a modern and functional workspace. Inquire today to learn more about this exciting opportunity.

    Property Features for 912 Tulip St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF
    Class
    C
    Total Rate
    4500

    Building Details

    Year Renovated
    2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,000 SF
    Rate per SF
    $18
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    7th Day Praise ... Church Epoch Furnishings Furniture Store

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -77.415627572182
    Latitude
    37.538728980068

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    FAQs

    What type of property is this?
    Restaurant - Richmond, VA: Renovated Creative Office
    Where is this restaurant located?
    The property is located at 912 Tulip St Richmond, VA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    Request Owner's contact information
    912 Tulip St Richmond, VA 23223
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    Richmond, VA 23223
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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
    912 Tulip St Richmond, VA 23223
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