Property profile

122 Granite Ave Richmond, VA 23226

OFF-MARKET
Office buildings
Property ID
US87-0706855
2,200 SF 0.15 ac lot Built 1920
Trust Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 8,400-square-foot executive office space is available for lease at 122 Granite Avenue in Richmond, Virginia. Located in Richmond city County, zip code 23226, this single-tenant property offers a unique opportunity for businesses seeking a prominent location. The entire building is currently vacant, presenting a blank canvas for a discerning tenant to customize the space to their exact specifications. The property is classified as both retail and office, offering flexibility in its potential use. Its prime location in Richmond provides excellent access to major transportation routes and amenities. The building's substantial size allows for a variety of configurations, accommodating large teams or businesses requiring expansive work areas. With 8,400 square feet of completely vacant space, this property presents a rare opportunity to secure a significant footprint in a desirable Richmond location. The address is 122 Granite Avenue, Richmond, VA 23226. This property is ideal for a company seeking a high-profile presence in a thriving urban environment. The building's size and layout offer significant potential for customization and branding opportunities. Interested parties are encouraged to inquire for further details and leasing information. The property is ready for immediate occupancy.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1920
Construction WOOD
Total area 2,200 SF
Lot 0.15 ac (6,650 SF)
Zoning code R-4 SINGLE FAMILY
APN W-020-0185-025
UPID US87-0706855

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation
  • Consultant

Location

122 Granite Ave Richmond, VA 23226-2322
Richmond metro Census 50400 RICHMOND, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2025
3 recorded transactions
2025
$1.3M
2016
$550,000
1998
$245,000

Zoning & alternative use

R-4 SINGLE FAMILY · Richmond, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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