200 10Th StRichmond, VA 23219

  • Office properties
  • 315,000 SF
For Lease

Property Details for 200 10Th St

Year built
2010
Construction
STONE
Lot size
0.38 AC
Property size (Sq ft)
315,000 SF
Zone code
B-4 CENTRAL BUSINESS
Property type
Office properties
Property subtype
Office buildings
APN
E-000-0048-001
APU
E0000048001

Description

This Class A executive office space, located at 200 S 10th Street in Richmond, Virginia, offers a unique opportunity for businesses seeking a prestigious address. The Williams Mullen Center, a 207,000 square foot high-rise building, boasts a prime location on the southeastern edge of Richmond's Central Business District, conveniently situated at the corner of 10th and Canal Streets. The building features multiple suites, with a minimum divisible space of 2,211 square feet and a maximum contiguous space of 4,598 square feet currently available. A total of 6,809 square feet is currently vacant. The building provides ample parking, with 5.5 spaces available per 1,000 square feet. This vibrant location offers easy access to a variety of amenities, including hotels, shops, restaurants, residential buildings, the James River Park System, and the Canal Walk, making it an ideal location for employees and clients alike. The building is home to a prominent law firm and other professional corporations, ensuring a high-quality professional environment. This is an exceptional opportunity to secure office space in a highly sought-after location within Richmond's thriving business district. The zip code is 23219.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $67,894,488
    6.5%
    $62,671,836
    7%
    $58,195,276
  • Comparable approach

    Method
    Valuation
    Relative Method
    $49,158,560
    Geo Method
    $52,608,152
  • Alternative Use

    Use
    Valuation
    Residential
    $77,713,072
    Hospitality
    $71,184,760
    Educational
    $59,224,884
    Medical
    $61,261,720
    Retail
    $92,127,600
200 10Th St, Richmond, Virginia

Location Insight

City
Richmond
County
Richmond City
State
Virginia
Latitude
37.536
Longitude
-77.4376
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
2020
$20
$2,155,000
$80,917,000
$83,072,000
-
$2,155,000
$80,917,000
$83,072,000

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