10110 Iron Brg Rd Chesterfield, VA 23832-6529
- Medical offices
- 1,040 SF
- 0.52 lot acres
Jan 31, 2023
Current Use by Public Records
- Chesterfield Oral Surgery / Dental Clinic
- Dr. Stephen Brown / Oral Surgeon / Practitioner Service Location
Property Details for 10110 Iron Brg Rd
- Year built
- 1974
- Lot size
- 0.52 lot acres
- Property size
- 1,040 SF
- Zone code
- O2 - CORP OFFICE DIST
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 771-66-19-56-100-000
- APU
- 771661956100000
Description
Exceptional investment opportunity in Chesterfield County, Virginia. This single-tenant, Class B medical office building at 10110 Iron Bridge Rd boasts 2,080 square feet, situated on a 0.56-acre lot. Built in 1974 and renovated in 2007, the two-story building features 23 parking spaces and is zoned O-2. Currently leased to Specialty Dental Brands, a national leader in multi-specialty dental partnerships, this property offers a strong 8.00% cap rate and an attractive asking price of $1,875,759. The building benefits from a generator and a convenient location across the street from the Chesterfield County Government Complex. This presents a stable, income-producing asset with significant potential for long-term growth. The property's single-tenant occupancy minimizes management complexities, while the established tenant provides a reliable income stream. The strategic location and strong tenant profile make this an ideal addition to any investment portfolio.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chesterfield
- County
- Chesterfield
- State
- Virginia
- Longitude
- -77.5053
- Latitude
- 37.375
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
