7110 Frst Ave Richmond, VA 23226-3786
- Office buildings
- 33,059 SF
- 2.42 lot acres
Current Use by Public Records
- NAI Dominion / Commercial Real Estate Agency / Property Management Company
- Infusion Solutions / Medical Center / Infectious Disease Physician
- Leroy Vaughan / Internist
- Vita Pure IV / Medical Spa / Facial Spa
- Diane Mattingly, LCSW, LLC / Mental Health Service
Property Details for 7110 Frst Ave
- Year built
- 1985
- Lot size
- 2.42 lot acres
- Property size
- 33,059 SF
- Zone code
- R-6C
- Property type
- Office buildings
- APN
- 764-745-4711
- APU
- 7647454711
Description
This exceptional Class A office building, situated at 7110 Forest Ave in Richmond, Virginia's Henrico County (zip code 23226), offers 4,223 square feet of immediately available space. Built in 1985, the property boasts a total of 31,116 square feet across a single suite, making it ideal for a variety of businesses. The building's convenient location provides easy access for both employees and clients. Ample parking is available with 133 spaces provided for tenants and visitors. The property is classified as both Executive and Medical Office space, catering to a diverse range of potential occupants. The available space is part of a multi-tenant building, offering a collaborative and professional environment. This is a fantastic opportunity to secure high-quality office space in a desirable Richmond location. The property features a total of 31,116 square feet, with 4,223 square feet currently vacant and ready for immediate occupancy. The building's convenient location in Henrico County offers easy access to major transportation routes and amenities. The ample parking ensures convenient access for employees and clients alike. This is an excellent opportunity to establish a presence in a thriving business community. The property's Class A designation reflects its high-quality construction and modern amenities. The single-suite configuration offers flexibility and control for the tenant. Don't miss this chance to secure this exceptional office space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,040,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,330,000
- 6.5%
- $6,410,000
- 7%
- $6,855,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,930,000
- Geo Method
- $6,275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,810,000
- Retail
- $6,015,000
- Mixed-Use
- $6,545,000
- Hospitality
- $6,600,000
- Educational
- $7,395,000
- Residential Income
- $7,220,000
- Energy
- $7,935,000
- Income-Based Land
- $6,665,000
- Food Service
- $6,010,000
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Henrico
- State
- Virginia
- Longitude
- -77.5281
- Latitude
- 37.6045
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA