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    Property profile & analytics

    5231 Hickory Park Dr Glen Allen, VA 23059-2619

    • Office buildings
    • 1,184 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US87-0965854
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Yiping Rao, MD / Gastroenterologist
    • Sayyar's Family Dentistry / Cosmetic Dentist / Dentist
    • Summit Financial Partners / Financial Planner / Financial Advisor
    • Dr. Sean Sayyar / Dentist / Teeth Whitening Service
    • Dr. George Jackson / Neurologist

    Property Details for 5231 Hickory Park Dr

    Year built
    2007
    Lot size
    0.03 lot acres
    Property size
    1,184 SF
    Zone code
    O-3C
    Property type
    Office buildings
    APN
    746-771-7845.163
    APU
    7467717845163

    Description

    This exceptional 900-square-foot medical office suite is available for lease at 5231 Hickory Park Drive, Suite D, in Glen Allen, Virginia. Located in the desirable Innsbrook submarket of Henrico County, this single-story, 2008-built property offers a prime location for medical professionals. The suite is immediately available and boasts a move-in ready condition, eliminating the need for extensive renovations. The space is part of a larger building with a total of one suite, ensuring a quiet and professional environment. The property's convenient location within the Innsbrook submarket provides easy access to major roadways and a variety of amenities. Ideal for a variety of medical practices, this space presents a unique opportunity to establish or expand a thriving medical business. The minimum leasable space is 900 square feet, and this is also the maximum contiguous space available. The property is situated in the 23059 zip code. This is a multi-tenant building, but this particular suite is currently vacant. This turnkey solution offers immediate occupancy in a highly sought-after area. Contact us today to schedule a viewing.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $190,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $185,000
      Mixed-Use
      $200,000
      Hospitality
      $215,000
      Educational
      $200,000
      Residential Income
      $175,000
      Energy
      $175,000
      Income-Based Land
      $205,000
      Food Service
      $190,000

    Location Insight

    • Map
    • Local Demand
    City
    Glen Allen
    County
    Henrico
    State
    Virginia
    Longitude
    -77.589
    Latitude
    37.6776
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $836
    $30,000
    $236,400
    $266,400
    -
    $30,000
    $236,400
    $266,400

    Comparable in this City

    • Value Estimation by Request
      67,667 SF

      11551 Nuckols Rd

      OFFICE BUILDING • 67,667 SF
      11551 Nuckols Rd, Glen Allen, VA 23059-5565
      View Details
    • Value Estimation by Request
      19,600 SF

      5300 Hickory Park Dr

      OFFICE BUILDING • 19,600 SF
      5300 Hickory Park Dr, Glen Allen, VA 23059-2629
      View Details
    • Value Estimation
      $270,000
      1,074 SF

      5230 Hickory Park Dr

      OFFICE BUILDING • 1,074 SF
      5230 Hickory Park Dr, Glen Allen, VA 23059-2628
      View Details
    • Value Estimation
      $405,000
      1,200 SF

      5243 Hickory Park Dr Ste B

      OFFICE BUILDING • 1,200 SF
      5243 Hickory Park Dr Ste B, Glen Allen, VA 23059-2626
      View Details
    • Value Estimation
      $1,490,000
      4,977 SF

      5207 Hickory Park Dr

      OFFICE BUILDING • 4,977 SF
      5207 Hickory Park Dr, Glen Allen, VA 23059-2624
      View Details
    • Value Estimation
      $270,000
      2,542 SF

      11541 Nuckols Rd

      OFFICE BUILDING • 2,542 SF
      11541 Nuckols Rd, Glen Allen, VA 23059-5668
      View Details

    Similar Nearby for Sale

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      Glen Allen Office Building For Sale

      Two-story office building with basement storage and ample parking.
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      Multiple land parcels totaling 317 acres for sale.
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      Prime 17-acre commercial lot, ideal for development.
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      Glen Allen Warehouse with Expansion Potential

      Warehouse with office, break room, and expansion possibilities.
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      Henrico Land For Sale

      7.3 acres of land zoned A-1 in Henrico, Virginia.
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      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,718 SF

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      Class A office/warehouse with access to major routes.
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    • $12 SF/Yr
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      Detached office space with a usable walk-out basement.
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      View Details
    • Contact for pricing
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      Office space with expansion potential and convenient highway access.
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    • $24 SF/Yr
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      Glen Allen Executive Office Suites

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    • $23 SF/Yr
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      Class A Office Space Available

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      View Details
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    Glen Allen, VA 23059-2619
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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