9881 Mayland Dr Henrico, VA
Office building with excellent access and planned renovations.
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 usListing office One South Commercial (804) 353-0009
Listing date Nov 24, 2025
Source Moodyscre
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Investment Insights
Based on property information with market context.
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 |