804 Moorefield Park DrRichmond, VA 23236

Property Details for 804 Moorefield Park Dr

Year built

1985

Lot size

3.79 AC

Property size (Sq ft)

18,444 SF

Zone code

O2 - CORP OFFICE DIST

Property type

Office properties

Property subtype

Office buildings

APN

749-70-73-85-300-000

APU

749707385300000

Description

This exceptional office space, located in the highly sought-after Moorefield Office Park in Richmond, Virginia 23236, offers multiple suites ranging from 2,642 to 3,195 square feet. These customizable, well-designed layouts are ideal for businesses of all sizes. The property boasts abundant natural light, creating a welcoming and productive work environment. High-speed internet access and modern HVAC systems ensure optimal comfort and efficiency. Ample on-site parking is available for employees and visitors. The location provides convenient access to major highways, including Route 60 and I-288, simplifying commutes. Nearby restaurants, shopping centers, and other amenities offer convenience for both employees and clients. Situated in a quiet, professional business park with premier tenants and well-maintained surroundings, this space presents a highly visible, professional location within Richmond's thriving suburban market. The lease offers flexibility, allowing businesses to upsize to larger suites as needed. This property prioritizes a positive tenant experience, addressing maintenance issues promptly and fostering a strong tenant-landlord relationship. The space is designed to foster productivity, collaboration, and employee well-being, incorporating modern architectural design and flexible workspaces.

• CAP approach

  CAP return

  Valuation

  6%

  $3,890,890

  6.5%

  $3,591,590

  7%

  $3,335,048

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,080,332

  Geo Method

  $3,080,332

• Alternative Use

  Use

  Valuation

  Residential

  $4,453,572

  Hospitality

  $4,079,448

  Educational

  $3,394,053

  Medical

  $3,510,780

  Retail

  $5,279,638

Location Insight

City

North Chesterfield

County

Chesterfield

State

Virginia

Latitude

37.5018

Longitude

-77.5814

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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