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    1202 Oak St Richmond, VA 23220

    Sponsored
    For Lease
    Contact for pricing

    Northside Executive Suites, 2302-6054 SF

    Lot size:
    10,658 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story office building, located at 1202 Oak Street in Richmond, Virginia's Northside submarket, presents a unique opportunity for businesses seeking flexible and efficient workspace. The 10,658 square foot building, constructed in 1978, is currently fully vacant and offers multiple suite options, ranging from a minimum of 2,302 square feet to a maximum contiguous space of 6,054 square feet. The building is classified as Class C and features a total of three suites, providing ample space for various business needs. Its brick exterior adds to its classic appeal. The property's address is 1202 Oak Street, Richmond, VA 23220, situated within Richmond County. This location offers convenient access to the Northside area's amenities and infrastructure. The building's layout allows for adaptability to suit diverse business configurations, making it an ideal choice for companies seeking a well-established presence in a thriving Richmond neighborhood. The entire 10,658 square feet is available for lease, offering a rare opportunity to secure a substantial and adaptable office space in a desirable location. Serious inquiries are encouraged to explore this exceptional property further.

    Property Features for 1202 Oak St

    General Information

    Property type
    Office buildings
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,658 SF
    Class
    C

    Building Details

    Year Built
    1978
    Stories
    3

    Unit(s) available at that property

    Space
    First Floor
    Size
    2,302 SF
    Space
    Second Floor
    Size
    2,302 SF
    Space
    Basement
    Size
    6,054 SF

    HighLights

    • Flexible suite sizes from 1,200 to 6,000 square feet.
    • Building signage opportunities available.
    • Convenient location near VCU and Virginia Union Universities.
    • Easy access to Interstates 64 and 95.
    • Tenant improvement allowance or turnkey build‑out offered.
    • Base building renovations currently in progress.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tawheed Prep School ... High School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond county
    State
    Virginia
    Longitude
    -77.4431569
    Latitude
    37.5567866

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    FAQs

    What type of property is this?
    Office building - Northside Executive Suites, 2302-6054 SF
    Where is this office building located?
    The property is located at 1202 Oak St Richmond, VA.
    What are key features of this property?
    This property features: Flexible suite sizes from 1,200 to 6,000 square feet.; Building signage opportunities available.; Convenient location near VCU and Virginia Union Universities.
    Request Owner's contact information
    1202 Oak St Richmond, VA 23220
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    Richmond, VA 23220
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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
    1202 Oak St Richmond, VA 23220
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