4870 Sadler RdGlen Allen, VA 23060

  • Office buildings
  • 64,857 SF
For Lease
$22.32/SF/YR View listing

Property Details for 4870 Sadler Rd

Year built
1999
Lot size
11.56 AC
Property size (Sq ft)
64,857 SF
Zone code
O-2
Property type
Office buildings
APN
749-767-6576
APU
7497676576

Description

This Class A, 15,930 square foot office building in Glen Allen, Virginia, offers a variety of executive suites, coworking spaces, and creative office solutions. Located at 4870 Sadler Road, Suite 300, in Henrico County (zip code 23060), this property boasts stunning views overlooking landscaped woodland and lakes. The building, renovated in 2019, features a contemporary glass and stone design with a light-filled atrium and a modern business lounge, perfect for welcoming guests and hosting meetings. The space is divisible down to a minimum of 10 square feet, with a maximum contiguous space of 1,300 square feet, accommodating businesses of various sizes. With 350 total suites and currently 5,970 square feet of vacant space, there are numerous options available. The building includes elevators for convenient access. Its prime location offers easy access to major highways, including I-295, I-64, I-288, and I-95, providing excellent connectivity throughout Virginia and beyond. Richmond International Airport is conveniently located just 30 minutes away. This sought-after location within one of Richmond's most prestigious office parks makes it an ideal space for businesses seeking a professional and inspiring work environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,682,033
    6.5%
    $12,629,569
    7%
    $11,727,457
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,831,768
    Geo Method
    $10,831,768
  • Alternative Use

    Use
    Valuation
    Residential
    $15,660,665
    Hospitality
    $14,345,085
    Educational
    $11,934,943
    Medical
    $12,345,404
    Retail
    $18,565,466

Location Insight

City
Glen Allen
County
Henrico
State
Virginia
Latitude
37.6669
Longitude
-77.5784
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
$146,920
$2,518,000
$14,766,700
$17,284,700
-
$2,518,000
$14,766,700
$17,284,700

FAQs

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