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Property profile & analytics
OFF-MARKET Estimated value $540,000
Strip malls

10960 3rd Chopt Rd Henrico, VA 23233-2056

8,700 SF 0.92 ac lot Built 1990
Entity Owned 5-yr Hold Free & Clear
Property ID
US87-1240866
Property summary
AI-generated overview

This exceptional commercial property, located at 10960 Three Chopt Road in Richmond, Virginia, offers a prime opportunity for businesses seeking office space in the desirable Short Pump market. The building totals 8,700 square feet and features three individual suites available for lease, perfect for a variety of office users. Each suite offers a minimum of 1,044 square feet and a maximum contiguous space of 1,079 square feet, providing flexibility for businesses of different sizes. Currently, 3,193 square feet are vacant and ready for immediate occupancy. The property is classified as both retail and office space, reflecting its versatility and suitability for a range of commercial uses. The building's location ensures high visibility and accessibility, benefiting from its position in a high-traffic area. Ample parking is provided, with a ratio of 4.25 spaces per 1,000 square feet. Situated in Henrico County, Virginia, with a zip code of 23233, this property presents a compelling investment opportunity in a thriving commercial district. The property is ideal for businesses seeking a well-located, versatile, and readily available office space in a vibrant and convenient area. Contact us today to learn more about leasing options and explore the possibilities this exceptional property offers.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Total area 8,700 SF
Lot 0.92 ac (39,901 SF)
Zoning code B-1C
APN 747-757-6045
UPID US87-1240866
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$540k
Owner & transaction history
County Of Henrico · 5 yrs held
County Of Henrico
since 2020
Last sale
$6,500
6 recorded transactions
2020
$6,500
2017
Price N/A
2013
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-1C · Henrico, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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