3850 Gaskins Rd Richmond, VA 23233
- Office buildings
- 16,980 SF
- 2.05 lot acres
Current Use by Public Records
- Evolve Aesthetics LLC / Medical Spa
- Coverall of Richmond / Air Duct Cleaning Service / Janitorial Service
- Achilles Foot & Ankle- Diabetic Shoes / Podiatrist
- Virginia Registered Agent Services / Business Development Service / Legal Services
- Terra Orb Solutions / Website Designer / Software Company
Property Details for 3850 Gaskins Rd
- Year built
- 1987
- Lot size
- 2.05 lot acres
- Property size
- 16,980 SF
- Zone code
- MIXE
- Property type
- Office buildings
- APN
- 752-758-0577
- APU
- 7527580577
Description
This single-story, 17,000 square foot Class C commercial building at 3850 Gaskins Rd, Richmond, VA 23233, offers multiple tenancy options. Two immediately available suites total 1,885 square feet (360 SF and 1,525 SF), with the potential to combine for approximately 2,000 square feet including shared bathrooms. The property is located in Henrico County's vibrant submarket, near W Broad St, and benefits from high visibility and convenient access to major highways. Its traditional office and medical office subtypes make it suitable for a variety of businesses. The building's location near Short Pump Town Center provides excellent exposure to a large customer base and ample foot traffic. This prime location offers a thriving environment for retail businesses to flourish, with easy access to upscale boutiques, entertainment, and dining options. The property's convenient location and flexible space options make it an ideal choice for businesses seeking a strong presence in a dynamic market. The building is situated in a bustling area with a diverse customer base, offering significant potential for growth and success. This is a rare opportunity to secure space in a well-located, established commercial building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,885,000
- 6.5%
- $1,830,000
- 7%
- $1,715,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,875,000
- Geo Method
- $2,020,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,905,000
- Retail
- $1,690,000
- Mixed-Use
- $2,000,000
- Hospitality
- $2,165,000
- Educational
- $1,915,000
- Residential Income
- $1,955,000
- Energy
- $1,960,000
- Income-Based Land
- $1,795,000
- Food Service
- $1,985,000
Location Insight
- Map
- Local Demand
- City
- Henrico
- County
- Henrico
- State
- Virginia
- Longitude
- -77.5706
- Latitude
- 37.6423
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA