1302 Cary StRichmond, VA 23219

Property Details for 1302 Cary St

Year built

1870

Construction

TYPE NOT SPECIFIED

Lot size

0.09 AC

Property size (Sq ft)

11,376 SF

Zone code

B-5 CENTRAL BUSINESS

Property type

Retail properties

Property subtype

Turn key restaurants

APN

E-000-0083-041

APU

E0000083041

Description

This exceptional 5,000-square-foot executive office space is ideally situated at 1302 E. Cary Street in Richmond, Virginia, zip code 23219. The property is a single-tenant offering, presenting a unique opportunity for a business seeking a substantial and well-located office presence. The entire building comprises 5,000 square feet, providing ample space for a variety of office configurations. The building's location within Richmond city County offers excellent access to major transportation routes, amenities, and a thriving business community. This is a fantastic opportunity for a company seeking a prominent and functional office space in a desirable area of Richmond. The property is currently vacant, allowing for immediate occupancy and customization to meet specific business needs. The address is easily accessible and provides excellent visibility. This executive office space is perfect for a company looking to establish or expand its presence in the vibrant Richmond market. The single-tenant occupancy ensures privacy and control over the entire space. Serious inquiries are encouraged to explore this exceptional opportunity further. The property type is classified as an office building, specifically an executive office suite. The building's size and location make it an attractive option for businesses seeking a high-profile address.

• CAP approach

  CAP return

  Valuation

  6%

  $3,433,076

  6.5%

  $3,168,993

  7%

  $2,942,636

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,846,139

  Geo Method

  $4,787,762

• Alternative Use

  Use

  Valuation

  Residential

  $2,673,164

  Hospitality

  $2,448,604

  Educational

  $2,037,210

  Medical

  $2,107,273

  Retail

  $3,168,993

Location Insight

City

Richmond

County

Richmond City

State

Virginia

Latitude

37.5354

Longitude

-77.4335

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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