7110 Frst Ave Richmond, VA 23226-3786
Property profile & analytics
7110 Frst Ave, Richmond, VA 23226-3786
- Office buildings
- 33,059 SF
- 2.42 lot acres
Property ID
US87-0787568
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.
Location Intelligence
Current Use by Public Records
- NAI Dominion / Real Estate Agency
- Infusion Solutions / Medical Clinic
- Leroy Vaughan / Physician
- Vita Pure IV / Spa & Massage Center / Alternative Medicine Practice
- Diane Mattingly, LCSW, LLC / Crisis Center / Medical Clinic
Property Details for 7110 Frst Ave
- Year built
- 1985
- Lot size
- 2.42 lot acres
- 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 Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,040,000
- ML approach
- $5,975,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,900,000
- 6.5%
- $7,295,000
- 7%
- $6,775,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,231,000
Market price range: $5.23M - $7.99M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $6,110,000 Current use
- RESTAURANT
- $9,305,000 Change: +52% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $6,020,000 Change: -1% Conversion: Difficult
- MEDICAL BUILDING
- $5,505,000 Change: -10% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $5,430,000 Change: -11% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $5,315,000 Change: -13% Conversion: Easy
- COMMERCIAL (GENERAL)
- $5,220,000 Change: -15% Conversion: Easy
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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
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
$37,785
$448,000
$4,104,400
$4,552,400
-
$448,000
$4,104,400
$4,552,400
