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Property summary
This exceptional office opportunity is situated at 700 E Franklin St in Richmond, Virginia, within the vibrant Central Business District. Located on the first floor of the Edison Apartments, a 174-unit multi-family complex, this Class B building offers immediate access to key city landmarks. The property boasts a total of 94,170 square feet, spread across a single story, and was constructed in 1951. Currently, there are 15,488 square feet of vacant space available, divisible into units as… small as 3,061 square feet, with a maximum contiguous space of 7,320 square feet. The building is comprised of three total suites, providing flexibility for various business needs. Its convenient location places it within easy walking distance of the State Capitol, Richmond Courthouse, City Hall, other government agencies, and the VCU Medical Campus. This prime location offers unparalleled accessibility and visibility, making it an ideal choice for businesses seeking a prestigious and well-connected address in Richmond's thriving downtown core. The property's proximity to major transportation routes and amenities further enhances its appeal. This is a rare opportunity to secure high-quality office space in a highly desirable location. The address is 700 E Franklin St, Richmond, VA 23219, in Richmond County.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
10 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 94,170 SF
- Lot area
- 0.53 ac
- Year built
- 1951
- Stories
- 6
- APN
- W-000-0003-021
- Zoning
- B-4 CENTRAL BUSINESS
- Assessed value · 2024
- $31,987,000
- Annual tax · 2020
- $20
- Medical Building
- Neighborhood: Shopping Center
- Apartment House (5+ Units) · current use
- Office Building
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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