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Property profile & analytics
OFF-MARKET Estimated value $4,975,000
Medical Office Space

1212 Koger Ctr Blvd North Chesterfield, VA 23235-4778

41,522 SF 2.97 ac lot Built 2021
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US87-0744142
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2021
Total area 41,522 SF
Lot 2.97 ac (129,330 SF)
Zoning code C4 - REGIONAL BUS DIST
APN 742-71-18-12-700-000
UPID US87-0744142
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
  • Dr. Todd E. Billett, MD Physician
  • Leslie L. Davis M.D. Physician
  • Tuckey-Larus Corinne N MD Physician
  • Hollie Jones Physician
  • Anu Zavelsky M.D. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.98M
Owner & transaction history
Hpiii Richmond LLC · 4 yrs held
Hpiii Richmond LLC
since 2021
1 recorded transaction
2021
$20.9M
Zoning & alternative use
C4 - REGIONAL BUS DIST · North Chesterfield, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $7.6M +9.3%
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