7110 Forest AveRichmond, VA 23226

Property Details for 7110 Forest Ave

Year built

1985

Lot size

2.42 AC

Property size (Sq ft)

33,059 SF

Zone code

R-6C

Property type

Office buildings

APN

764-745-4711

APU

7647454711

Description

This exceptional Class A office building, situated at 7110 Forest Ave in Richmond, Virginia's Henrico County (zip code 23226), offers 4,223 square feet of immediately available space. Built in 1985, the property boasts a total of 31,116 square feet across a single suite, making it ideal for a variety of businesses. The building's convenient location provides easy access for both employees and clients. Ample parking is available with 133 spaces provided for tenants and visitors. The property is classified as both Executive and Medical Office space, catering to a diverse range of potential occupants. The available space is part of a multi-tenant building, offering a collaborative and professional environment. This is a fantastic opportunity to secure high-quality office space in a desirable Richmond location. The property features a total of 31,116 square feet, with 4,223 square feet currently vacant and ready for immediate occupancy. The building's convenient location in Henrico County offers easy access to major transportation routes and amenities. The ample parking ensures convenient access for employees and clients alike. This is an excellent opportunity to establish a presence in a thriving business community. The property's Class A designation reflects its high-quality construction and modern amenities. The single-suite configuration offers flexibility and control for the tenant. Don't miss this chance to secure this exceptional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $6,974,025

  6.5%

  $6,437,562

  7%

  $5,977,736

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,521,184

  Geo Method

  $5,521,184

• Alternative Use

  Use

  Valuation

  Residential

  $7,982,576

  Hospitality

  $7,311,997

  Educational

  $6,083,496

  Medical

  $6,292,716

  Retail

  $9,463,215

Location Insight

City

Richmond

County

Henrico

State

Virginia

Latitude

37.6045

Longitude

-77.5281

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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