2820 Waterford Lake DrMidlothian, VA 23112

  • Office properties
  • 23,495 SF
For Lease
$21/SF/YR View listing

Property Details for 2820 Waterford Lake Dr

Year built
1989
Lot size
4.96 AC
Property size (Sq ft)
23,495 SF
Zone code
I1 - LT INDUSTRIAL DIST
Property type
Office properties
Property subtype
Office buildings
APN
729-68-97-67-800-000
APU
729689767800000

Description

Waterford One offers exceptional office space at the intersection of Routes 288 and 76. This 48,000 square foot Class A building sits on 4.96 acres of lakefront property, boasting stunning walking trails and water views. Currently, three suites are available, ranging from 2,251 to 8,132 square feet, ideal for executive or medical office uses. Built in 1989, the building is zoned I-1 and features ADA accessibility. New ownership has ambitious plans for extensive interior and exterior renovations, promising a modern and updated workspace. The property's prime location and impressive amenities make it an attractive option for businesses seeking a prestigious and functional office environment. The building's substantial size and multiple tenancy options provide flexibility for various business needs. The parcel number is 729-68-97-67-800-000. Don't miss this opportunity to secure your ideal office space in this desirable location. Contact us today to learn more about available suites and leasing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,956,433
    6.5%
    $4,575,169
    7%
    $4,248,371
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,923,900
    Geo Method
    $3,923,900
  • Alternative Use

    Use
    Valuation
    Residential
    $5,673,210
    Hospitality
    $5,196,629
    Educational
    $4,323,534
    Medical
    $4,472,228
    Retail
    $6,725,498
2820 Waterford Lake Dr, Midlothian, Virginia

Location Insight

City
Midlothian
County
Chesterfield
State
Virginia
Latitude
37.4535
Longitude
-77.6495
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
2024
$36,402
$1,244,500
$2,728,200
$3,972,700
-
$1,244,500
$2,728,200
$3,972,700

FAQs

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