Property profile

7605 Frst Ave Ste 403a Henrico, VA 23229

OFF-MARKET
Office buildings
Property ID
US87-2782828
1,250 SF Built 1985
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional medical office condo, located at 7605 Forest Ave Suite 414 in Richmond, Virginia (zip code 23229), is available immediately. Situated on the Henrico Doctor's Hospital campus in Henrico County, this single-tenant space offers a convenient and prestigious location. The suite enjoys a highly desirable position within the building, located near the elevator lobby and core restrooms for easy patient and staff access. Security is ensured with access-controlled main building entries. The building itself has recently undergone renovations, including updated flooring and a new digital directory, enhancing both aesthetics and functionality. Ample parking is readily available in both the adjacent garage and surface lot. The building benefits from professional management, ensuring a smooth and efficient operational environment. The surrounding area boasts a strong demographic profile, with an average household income of $150,000 and 28% of households earning over $200,000 annually, indicating a high concentration of potential patients. This turnkey medical office condo presents a unique opportunity for healthcare professionals seeking a well-appointed and strategically located practice space. The property is classified as an office condo, specifically a medical office, and is easily accessible.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 1,250 SF
Zoning code O-3
APN 760-744-6291.403
UPID US87-2782828

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Physician
  • Medical Clinic

Location

7605 Frst Ave Ste 403a Henrico, VA 23229-4938
Henrico metro Census 200131 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Zoning & alternative use

O-3 · Henrico, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7605 Frst Ave Ste 403a?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message