100 Franklin StRichmond, VA 23220
- Office properties
- 33,880 SF
Property Details for 100 Franklin St
- Year built
- 1895
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.26 AC
- Property size (Sq ft)
- 33,880 SF
- Zone code
- R-03 RESIDENTIAL OFFICE
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- W-000-0126-011
- APU
- W0000126011
Description
Chesterman Place, located at 100 West Franklin Street in Richmond, Virginia (zip code 23220), offers exceptional executive office space for lease. This Class B building boasts a total of 36,988 square feet, with flexible options available for multiple tenants. Currently, there are 5,158 square feet of vacant space ready for immediate occupancy. The minimum leasable space is 848 square feet, perfect for smaller businesses or individual professionals, while larger tenants can occupy up to a contiguous 4,310 square feet. The building's prime location in Richmond County provides easy access to major transportation routes and amenities. The property is ideal for businesses seeking a professional and efficient workspace in a vibrant urban setting. The building's executive office subtype ensures a high-quality environment, suitable for companies seeking to project a sophisticated image. Interested parties are encouraged to inquire about available space and lease terms. This is a fantastic opportunity to secure premium office space in a desirable Richmond location. The address is easily accessible and well-suited for both employees and clients. The available space offers a range of options to accommodate various business needs and sizes. Don't miss this chance to establish your business in this thriving area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $7,477,667
- 6.5%
- $6,902,462
- 7%
- $6,409,429
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,658,299
- Geo Method
- $5,658,299
-
Alternative Use
- Use
- Valuation
- Residential
- $8,559,053
- Hospitality
- $7,840,046
- Educational
- $6,522,826
- Medical
- $6,747,156
- Retail
- $10,146,619
Location Insight
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Latitude
- 37.5448
- Longitude
- -77.4444
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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