1900 Manakin RdManakin-Sabot, VA 23103

Property Details for 1900 Manakin Rd

Year built

1999

Lot size

0.54 AC

Property size (Sq ft)

6,004 SF

Zone code

B1-BUS/GEN

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

47 1 35D

APU

47135D

Description

This exceptional executive office building, situated on 5.3 acres in Goochland County, offers a prime opportunity for businesses seeking flexible and modern workspace. The single, three-story building, constructed in 1994 and extensively renovated in 2020, boasts a total of 6,000 square feet, currently featuring 1,000 square feet of immediately available space. The building is zoned B-1 and conveniently located near I-64 and Short Pump, providing easy access to major transportation routes. The available suite is ideal for a small team, encompassing approximately 1,000 square feet and includes two private 12'x16' offices, a reception area with desk space, ample storage, a copy area, and shared kitchen and bathroom facilities. The building provides 30 parking spaces for tenants and employees. While there are no elevators, the building's three stories are easily accessible. The property is served by electric power. The entire building is available for lease, offering a maximum contiguous space of 6,000 square feet, divided into six individual suites. This presents a unique opportunity for a single tenant to occupy the entire building or for multiple businesses to occupy individual suites within this well-maintained and conveniently located property. The property's location and modern amenities make it an attractive option for businesses seeking a professional and efficient work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,570,566

  6.5%

  $1,449,753

  7%

  $1,346,199

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,554,228

  Geo Method

  $1,554,228

• Alternative Use

  Use

  Valuation

  Residential

  $1,449,753

  Hospitality

  $1,327,966

  Educational

  $1,104,852

  Medical

  $1,142,850

  Retail

  $1,718,659

Location Insight

City

Manakin Sabot

County

Goochland

State

Virginia

Latitude

37.6702

Longitude

-77.69

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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