Henrico Office Space For
9881 Mayland Dr Henrico, VA
9881 Mayland Dr, Henrico, VA, 00000
Contact for pricing
For Sale
Contact for pricing
Office building with excellent access and planned renovations.
Property Size42,774 SF
Lot Size2.82 Acres
Price / SF$121.57
Days on Market239
Property Features for 9881 Mayland Dr
General Information
- Standard status
- Active
- Size
- 42,774 SF
- Lot size
- 2.82 Acres
- Property subtype
- OFFICE
Properties For Sale
at 9881 Mayland Dr Contact us
Listing agency
One South Commercial
(804) 833-7909
Listed by
Chris Corrada · License #0225206546
Source
Moodyscre
Added: Nov 24, 2025 Updated: Jul 6 at 10:08AM Checked: Jul 21 at 6:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One South Commercial
Investment Insights
Based on property information with market context.
This office building, located in Henrico, Virginia, offers 42,774 square feet of space for rent. The property benefits from excellent access to I-64 and Broad Street. The building's exterior has new building potential. Planned renovations include the lobby and restrooms. Ample parking is available, with an approximate ratio of 4 spaces per 1,000 square feet.
Key Highlights
- Ample parking with an approximate ratio of 4:1,000 SF
- Excellent access to I‑64 and Broad
- Planned lobby renovation
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $354.2k | $8.28 |
| − Vacancy | −$26.6k | −$0.62 |
| EGI | $327.6k | $7.66 |
| − OpEx | −$81.9k | −$1.91 |
| NOI | $245.7k | $5.74 |
42,774 SF · lease $8.28/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.51M
$3.07M – $4.10M
NOI $245,705 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$7.42M
$6.50M – $8.66M
NOI $519,704 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building with excellent access and planned renovations.
Where is this office building located?
The property is located at 9881 Mayland Dr Henrico, VA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Ample parking with an approximate ratio of 4:1,000 SF; Excellent access to I‑64 and Broad; Planned lobby renovation
