101 Cowardin Ave Richmond, VA 23224-2078
This exceptional 36,983 square foot medical office building presents a rare opportunity in the thriving Richmond, VA market. Situated on a generous 1.55-acre lot at 101 Cowardin Avenue, this property offers significant potential for expansion or redevelopment. The building's substantial size allows for a variety of uses, making it ideal for a large medical practice, a multi-tenant facility, or a combination thereof. Its prime location in Richmond ensures high visibility and easy access for patients and staff. The property's substantial size and desirable location make it a compelling investment opportunity for those seeking a strong foothold in the Richmond commercial real estate market. The asking price of $3,750,000 reflects the building's size, location, and potential. Serious inquiries are encouraged to explore the possibilities this property offers. Detailed financial information and property specifications are available upon request. This is a unique chance to acquire a significant commercial property in a dynamic and growing city. Don't miss this opportunity to own a piece of Richmond's thriving medical sector. The property is ready for immediate occupancy or can be customized to meet specific needs. Further information regarding zoning and permitted uses can be provided.
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Franklin C. Ognelodh, DPM Physician
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Capital Area Health Education Center Charitable Organization Social Service Agency
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Bon Secours Sports Medicine & Primary Care Pediatrician Physician
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Manchester RVA Dental Dental Office
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CAHN Southside Medical Center Community Health Centre
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-63 MULTI FAMILY URBAN R · Richmond, VARichmond. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.