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Property profile & analytics
OFF-MARKET Estimated value $1,105,000
Office buildings

7846 Frst Hl Ave Richmond, VA 23225-1931

8,778 SF 0.76 ac lot Built 2006
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US87-0964819
Property summary
AI-generated overview

This exceptional executive office suite, located at 7846 Forest Hill Ave in Richmond, Virginia, offers 180 square feet of move-in ready space within a larger 10,313 square foot building. The suite is perfect for a small business or individual professional seeking a prestigious address in a convenient location. The property is designated as an Executive Office and Private Office, providing a professional and private work environment. Multiple tenancies are available within the building, creating a vibrant and collaborative atmosphere. Ample on-site parking is provided for tenants and their clients, ensuring easy access and convenience. The suite is immediately available, allowing for a quick and seamless transition to your new workspace. This is a fantastic opportunity to establish your business in a thriving area of Richmond, within a well-maintained building. The property is situated in Richmond County, Virginia, with the zip code 23225. The address is easily accessible and offers excellent visibility. This is a rare opportunity to secure a high-quality office space in a desirable location. Don't miss out on this chance to elevate your business presence in Richmond. Contact us today to schedule a viewing and secure your new office space.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2006
Construction TYPE NOT SPECIFIED
Total area 8,778 SF
Lot 0.76 ac (33,106 SF)
Zoning code R-01 RESIDENTIAL OFFICE
APN C-003-0170-046
UPID US87-0964819
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
  • We Are the Youth Outreach Charitable Organization Social Service Agency
  • Bare Beauty Spa & Massage Center Skin Care Clinic
  • Direct Systems (Bike/Boat/Book/etc) Store Corporate Office
  • Amplify Counseling and Coaching LLC Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.11M
Owner & transaction history
Frst Hill Rental LLC · 14 yrs held
Frst Hill Rental LLC
since 2012
7 recorded transactions
2020
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R-01 RESIDENTIAL OFFICE · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.6M +23.2%
Medical building $1.5M +12.6%
Neighborhood: shopping center $1.4M +11.1%
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