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Property profile & analytics
OFF-MARKET Estimated value $6,390,000
Office buildings

7110 Frst Ave Richmond, VA 23226-3786

33,059 SF 2.42 ac lot Built 1985
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US87-0787568
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 33,059 SF
Lot 2.42 ac (105,415 SF)
Zoning code R-6C
APN 764-745-4711
UPID US87-0787568
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.98M
CAP Approach CAP
$7.30M
Comparable Approach Comparable
$5.23M
Blend (final) Blend
$6.39M
Owner & transaction history
Tgc 7110 Forest LLC · 3 yrs held
Tgc 7110 Forest LLC
since 2022
Last sale
$6.9M
2 recorded transactions
2022
$6.9M
2016
$14.3M
Zoning & alternative use
R-6C · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $9.3M +52.3%
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