Technical
Financial
Distress signals
Property profile

1421 Bainbridge St Richmond, VA 23224

FOR SALE
Retail properties & Spaces
Property ID
US87-0999502
Built 2023
Entity Owned 4-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This stunning, brand-new Class A creative office space, located at 1421 Bainbridge Street in the Manchester submarket, is part of a mixed-use building completed in 2023. The single-tenant space is situated just two blocks from the bustling Hull Street corridor, offering excellent visibility and accessibility. This 2023 construction boasts modern amenities and systems, ready for tenant build-out. A chase for a hood vent is already in place, making it ideal for a restaurant or food-related business, although other uses are welcome. The developer seeks a high-quality tenant to serve as an amenity for the building's residents and the surrounding neighborhood. The property is zoned R-63 - Residential (Multi-family Urban), reflecting its location within a thriving mixed-use area. The APN is S0000154024, and the building is conveniently located near 15th Street. Anticipated occupancy is late summer or early fall of 2023, allowing ample time for tenant improvements. This is a unique opportunity to secure a prime location in a rapidly developing neighborhood. The building itself is a single structure, offering a cohesive and modern workspace. This space is perfect for a business seeking a high-profile location with excellent access to amenities and transportation.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
UPID US87-0999502

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1421 Bainbridge St Richmond, VA 23224
Richmond metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message