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Property profile & analytics

4901 Fitzhugh Ave Richmond, VA 23230

  • Office Properties & Spaces
  • 27,005 SF
  • 0.43 lot acres
Value Estimation
$2,005,000
Last Sale
May 09, 2024
$2,000,000
Location Intelligence
Property ID
US87-1290471
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Diamonds In The Rough Youth And Family Services / Youth Organization
  • River City Driving School / Driving School
  • Symbol Mattress Inc / Mattress Store
  • My UOTS / Non-Profit Organization
  • Our Legacy Ventures Llc / Home Health Care Service

Property Details for 4901 Fitzhugh Ave

Year built
1976
Construction
TYPE NOT SPECIFIED
Lot size
0.43 lot acres
Property size
27,005 SF
Zone code
R-02 RESIDENTIAL OFFICE
Property type
Office Properties & Spaces
APN
W-019-0062-002
APU
W0190062002

Description

This exceptional office property, located at 4901 Fitzhugh Ave in Richmond, Virginia (zip code 23230), offers a variety of flexible spaces ideal for businesses seeking a prime location. The single, three-story building, constructed in 1976, boasts a total of 27,005 square feet, with 13,285 square feet currently available for lease. The property is zoned TOD-1 and features convenient amenities including elevators. Multiple tenancy options are available, catering to diverse business needs. Two immediately available suites offer 3,690 square feet on the first floor and 9,595 square feet on the third floor. This versatile space is suitable for traditional office setups, creative work environments, or executive offices, offering a blend of functionality and style. The building's location in the heart of Willow Lawn provides excellent accessibility and visibility. The property's APN is W0190062002. This is a unique opportunity to secure high-quality office space in a desirable Richmond location. Contact us today to schedule a viewing and explore the possibilities.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $2,000,000
  • CAP approach

    CAP return
    Estimation
    6%
    $2,030,000
    6.5%
    $1,815,000
    7%
    $2,085,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $2,015,000
    Geo Method
    $1,820,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $2,215,000
    Retail
    $2,310,000
    Mixed-Use
    $2,175,000
    Hospitality
    $2,210,000
    Educational
    $2,205,000
    Residential Income
    $1,950,000
    Energy
    $2,030,000
    Income-Based Land
    $2,150,000
    Food Service
    $1,915,000

Location Insight

  • Map
  • Local Demand
City
Richmond
County
Richmond City
State
Virginia
Longitude
-77.4957
Latitude
37.5796
CBSA code
40060
CBSA name
RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$20
$531,000
$2,561,000
$3,092,000
-
$531,000
$2,561,000
$3,092,000
More about this property
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