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Property summary
The property is a renovated medical-office asset located within a medical office community in the Richmond, Virginia market (Richmond MSA, the state capital). It has been renovated within approximately the last two years, and is configured with two access points providing traffic access in both directions. The site is situated about 3.4 miles from I-95, which provides major regional connectivity; the immediate area is characterized by a mix of medical offices, retail establishments, and multiple restaurants. Nearby retail includes Walmart Supercenter, Sam’s Club, Dick’s Sporting Goods, and Macy’s, and the surrounding submarket includes an estimated 7.4 million square feet of retail development with hotels nearby. Demographic context for the area includes an estimated 36,504 residents within a 5-mile radius with average household incomes reported around $64,183.
Property profile
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Prince George market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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