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    Property profile & analytics

    5243 Hickory Park Dr Ste D Glen Allen, VA 23059-2626

    • Office buildings
    • 1,872 SF
    • 11.61 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US87-0631678
    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

    • Walsh Builders Inc / Home Builder
    • Hutchinson Financial Advisors, Inc. / Financial Planner / Investment Service
    • Dr Damirchi - Hickory Park Dentistry / Emergency Dental Service / Pediatric Dentist
    • Martin & Associates / Real Estate Appraiser

    Property Details for 5243 Hickory Park Dr Ste D

    Year built
    2006
    Lot size
    11.61 lot acres
    Property size
    1,872 SF
    Zone code
    O-3C
    Property type
    Office buildings
    APN
    746-771-7845.173
    APU
    7467717845173

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $235,000
      7%
      $245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $195,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $280,000
      Mixed-Use
      $215,000
      Hospitality
      $245,000
      Educational
      $270,000
      Residential Income
      $240,000
      Energy
      $255,000
      Income-Based Land
      $235,000
      Food Service
      $260,000

    Location Insight

    • Map
    • Local Demand
    City
    Glen Allen
    County
    Henrico
    State
    Virginia
    Longitude
    -77.5888
    Latitude
    37.6764
    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
    $3,580
    $47,200
    $374,000
    $421,200
    -
    $47,200
    $374,000
    $421,200

    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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      5,798 SF

      Glen Allen Office Building For Sale

      Two-story office building with basement storage and ample parking.
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      Residential Land Development Opportunity

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      Multiple land parcels totaling 317 acres for sale.
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    • Contact for pricing
      0.96 Acres

      Glen Allen Commercial Land Parcels

      Prime location, build-to-suit options.
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      View Details
    • $5,000,000
      17.41 Acres

      Glen Allen Commercial Land - 17 Acres

      Prime 17-acre commercial lot, ideal for development.
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    • $550,000

      Original Model End-Unit Villa

      Sun-drenched 3-level villa with designer upgrades and outdoor living.
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    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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    • $24 SF/Yr
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      Glen Allen Executive Office Suites

      Class A Office Space, 1,269-4,730 SF Available
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    • $23 SF/Yr
      3,029 SF

      Class A Office Space Available

      Two-story office building with lakefront access and fitness facility.
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      Glen Allen Office Space Available

      Office space for lease in a lakefront building.
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      View Details
    • $21 SF/Yr
      3,606 SF

      Class A Office Space Available

      One-story office building with lakefront access and upscale finishes.
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      View Details
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    Glen Allen, VA 23059-2626
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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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