4901 Fitzhugh AveRichmond, VA 23230

Property Details for 4901 Fitzhugh Ave

Year built

1976

Construction

TYPE NOT SPECIFIED

Lot size

0.43 AC

Property size (Sq ft)

27,005 SF

Zone code

R-02 RESIDENTIAL OFFICE

Property type

Office properties

APN

W-019-0062-002

APU

W0190062002

Description

This exceptional office property, located at 4901 Fitzhugh Ave in Richmond, Virginia (zip code 23230), offers a variety of flexible spaces ideal for businesses seeking a prime location. The single, three-story building, constructed in 1976, boasts a total of 27,005 square feet, with 13,285 square feet currently available for lease. The property is zoned TOD-1 and features convenient amenities including elevators. Multiple tenancy options are available, catering to diverse business needs. Two immediately available suites offer 3,690 square feet on the first floor and 9,595 square feet on the third floor. This versatile space is suitable for traditional office setups, creative work environments, or executive offices, offering a blend of functionality and style. The building's location in the heart of Willow Lawn provides excellent accessibility and visibility. The property's APN is W0190062002. This is a unique opportunity to secure high-quality office space in a desirable Richmond location. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $5,960,463

  6.5%

  $5,501,966

  7%

  $5,108,968

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,510,105

  Geo Method

  $4,510,105

• Alternative Use

  Use

  Valuation

  Residential

  $6,822,438

  Hospitality

  $6,249,316

  Educational

  $5,199,358

  Medical

  $5,378,172

  Retail

  $8,087,890

Location Insight

City

Richmond

County

Richmond City

State

Virginia

Latitude

37.5796

Longitude

-77.4957

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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