7846 Forest Hill AveRichmond, VA 23225

  • Office properties
  • 8,778 SF
For Lease

Property Details for 7846 Forest Hill Ave

Year built
2006
Construction
TYPE NOT SPECIFIED
Lot size
0.76 AC
Property size (Sq ft)
8,778 SF
Zone code
R-01 RESIDENTIAL OFFICE
Property type
Office properties
Property subtype
Office buildings
APN
C-003-0170-046
APU
C0030170046

Description

This exceptional executive office suite, located at 7846 Forest Hill Ave in Richmond, Virginia, offers 180 square feet of move-in ready space within a larger 10,313 square foot building. The suite is perfect for a small business or individual professional seeking a prestigious address in a convenient location. The property is designated as an Executive Office and Private Office, providing a professional and private work environment. Multiple tenancies are available within the building, creating a vibrant and collaborative atmosphere. Ample on-site parking is provided for tenants and their clients, ensuring easy access and convenience. The suite is immediately available, allowing for a quick and seamless transition to your new workspace. This is a fantastic opportunity to establish your business in a thriving area of Richmond, within a well-maintained building. The property is situated in Richmond County, Virginia, with the zip code 23225. The address is easily accessible and offers excellent visibility. This is a rare opportunity to secure a high-quality office space in a desirable location. Don't miss out on this chance to elevate your business presence in Richmond. Contact us today to schedule a viewing and secure your new office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,937,350
    6.5%
    $1,788,323
    7%
    $1,660,586
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,466,014
    Geo Method
    $1,466,014
  • Alternative Use

    Use
    Valuation
    Residential
    $2,217,521
    Hospitality
    $2,031,237
    Educational
    $1,689,966
    Medical
    $1,748,086
    Retail
    $2,628,835
7846 Forest Hill Ave, Richmond, Virginia

Location Insight

City
Richmond
County
Richmond City
State
Virginia
Latitude
37.5337
Longitude
-77.5414
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
$166,000
$1,028,000
$1,194,000
-
$166,000
$1,028,000
$1,194,000

FAQs

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