1212 Koger Center BlvdRichmond, VA 23235

Property Details for 1212 Koger Center Blvd

Year built

2021

Lot size

2.97 AC

Property size (Sq ft)

41,522 SF

Zone code

C4 - REGIONAL BUS DIST

Property type

Medical offices

Property subtype

Medical centers

APN

742-71-18-12-700-000

APU

742711812700000

Description

This exceptional 7,500 square foot Class A executive office space, located in the prestigious VPFW Woodlands complex (Building 2), presents a unique investment opportunity. Built in 2022, the property boasts a modern design and high-end finishes, ideal for a discerning business seeking a sophisticated and efficient workspace. The multi-tenant building is situated at 1212 Koger Center Blvd, Richmond, VA 23235, in Chesterfield County, offering convenient access to major transportation routes and amenities. The property is currently for sale and presents a compelling opportunity for investors seeking a prime location in a thriving market. The building's modern construction ensures energy efficiency and low operating costs, contributing to a strong return on investment. The executive office space is perfect for a company seeking to establish a prominent presence in the Richmond area. With its strategic location and high-quality construction, this property offers a rare combination of prestige and practicality. The 7,500 square feet provide ample room for expansion and customization to meet the specific needs of a growing business. This is a turnkey solution for businesses seeking a move-in ready, high-quality office space in a desirable location. The property's modern design and efficient layout maximize space utilization, creating a productive and comfortable work environment. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $8,759,353

  6.5%

  $8,085,557

  7%

  $7,508,017

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,934,589

  Geo Method

  $6,934,589

• Alternative Use

  Use

  Valuation

  Residential

  $10,026,090

  Hospitality

  $9,183,845

  Educational

  $7,640,851

  Medical

  $7,903,632

  Retail

  $11,885,769

Location Insight

City

North Chesterfield

County

Chesterfield

State

Virginia

Latitude

37.5123

Longitude

-77.6041

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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