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    710 Perry St Richmond, VA 23224

    Sponsored
    For Lease
    $15 SF/Yr ($9,750 /Mo)

    7,800 SF Flex Space, 1-Acre Lot

    Lot size:
    7,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,800-square-foot property, situated in Richmond's Manchester District, offers a unique blend of office and warehouse space. The single-tenant building, constructed in 1968 and renovated in 2017, sits on a one-acre lot (43,500 square feet) and features a fenced yard, providing ample secure outdoor space. The building comprises three structures, all single-story, totaling 7,800 square feet of entirely vacant space. The layout includes approximately 4,700 square feet of traditional office space and 3,100 square feet of warehouse space. Convenient features include one loading dock, one dock-high door, and six drive-in doors, ensuring efficient loading and unloading. The property's zoning is Industrial and B-4, allowing for a variety of uses. Its strategic location offers easy access to Downtown Richmond, Downtown Expressway (195), Interstate 95, Interstate 64, VCU, VCU Health, and numerous amenities including restaurants and retail establishments. The high population density within a one, three, and five-mile radius (16,000, 132,000, and 264,000 respectively) makes this an ideal location for businesses seeking high visibility and accessibility. The property is located at 710 Perry St, with cross streets of West Commerce Road, Perry and Porter Streets. This is a rare opportunity to acquire a versatile property in a thriving submarket.

    Property Features for 710 Perry St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,800 SF
    Total Rate
    9750

    Building Details

    Year Built/Renovated
    1968/2017
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    8,333 SF
    Rate per SF
    $15

    HighLights

    • 7,800 SF flex space, encompassing office, warehouse, and special purpose areas.
    • Single‑tenant occupancy.
    • 1‑acre lot (43,500 SF) with fenced yard.
    • Building features include 1 loading dock, 1 dock‑high door, and 6 drive‑in doors.
    • Located in Manchester District of downtown Richmond, within the Metro Richmond submarket, at 710 Perry St, near West Commerce Road, Perry and Porter Streets.
    • Zoned Industrial and B‑4.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stain & Seal RVA Contractor Chesterfield Fencing and More ... Construction Company

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.44351417123
    Latitude
    37.52551870408

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    FAQs

    What type of property is this?
    Distribution property - 7,800 SF Flex Space, 1-Acre Lot
    Where is this distribution property located?
    The property is located at 710 Perry St Richmond, VA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 7,800 SF flex space, encompassing office, warehouse, and special purpose areas.; Single-tenant occupancy.; 1-acre lot (43,500 SF) with fenced yard.
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    710 Perry St Richmond, VA 23224
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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
    710 Perry St Richmond, VA 23224
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