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Henrico Office Space For Rent

9881 Mayland Dr Henrico, VA

9881 Mayland Dr, Henrico, VA, 00000
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For Sale
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Office building with excellent access and planned renovations.

Property Size42,774 SF
Lot Size2.82 Acres
Price / SF$121.57
AddedNov 24, 2025
Days on Market234
Last RefreshJul 16 at 8:36 am

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 office One South Commercial

Listing date Nov 24, 2025

Source Moodyscre

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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Electrical Service Auto Parts Store Garden Center Storage Facility Restaurant (Bike/Boat/Book/etc) Store

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

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
Contact an agent
(804) 353-0009 Call to check price and availability
More about this property
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