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    1519 Summit Ave Richmond, VA 23230

    Sponsored
    For Lease
    Contact for pricing

    Modern Office Suites, 2,030-3,203 SF Available

    Lot size:
    5,233 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Spur, located at 1519 Summit Avenue in Richmond, Virginia (zip code 23230), offers exceptional creative office space for lease. This Henrico County property boasts a total of 5,233 square feet, currently entirely vacant and available for immediate occupancy. The building is designed to accommodate multiple tenants, with flexible lease options ranging from a minimum of 2,030 square feet to a maximum contiguous space of 3,203 square feet. This presents a unique opportunity for businesses seeking a modern and adaptable workspace. The property's creative office subtype suggests a design conducive to innovative and collaborative work environments. Ample parking is provided, encompassing both garage and off-street options, ensuring convenient access for employees and clients. The building's location in Richmond, VA offers easy access to various amenities and transportation networks. This is an ideal space for companies seeking a vibrant and functional office environment in a desirable location. Contact us today to schedule a viewing and explore the possibilities of establishing your business at The Spur.

    Property Features for 1519 Summit Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,233 SF

    Unit(s) available at that property

    Space
    Suite 101
    Size
    2,030 SF
    Space
    Suite 200
    Size
    3,203 SF

    HighLights

    • 2,030 SF Suite 101, available February 1, 2025.
    • 3,203 SF Suite 200, available July 1, 2024.
    • On‑site parking available.
    • Garage and off‑street parking provided.
    • Modern finishes and open pantries.
    • Suite 200 features a private rooftop deck.
    Property Profile Location Intelligence

    Current Use by Public Records

    Roth Jackson Gibbons ... Business Attorney Lynch Mykins Structural ... Structural Engineer Baker Development Resources Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Henrico
    State
    Virginia
    Longitude
    -77.4701059
    Latitude
    37.5676228

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    FAQs

    What type of property is this?
    Office space - Modern Office Suites, 2,030-3,203 SF Available
    Where is this office space located?
    The property is located at 1519 Summit Ave Richmond, VA.
    What are key features of this property?
    This property features: 2,030 SF Suite 101, available February 1, 2025.; 3,203 SF Suite 200, available July 1, 2024.; On-site parking available.
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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
    1519 Summit Ave Richmond, VA 23230
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