3850 Gaskins RdRichmond, VA 23233

Property Details for 3850 Gaskins Rd

Year built

1987

Lot size

2.05 AC

Property size (Sq ft)

16,980 SF

Zone code

MIXE

Property type

Office buildings

APN

752-758-0577

APU

7527580577

Description

This single-story, 17,000 square foot Class C commercial building at 3850 Gaskins Rd, Richmond, VA 23233, offers multiple tenancy options. Two immediately available suites total 1,885 square feet (360 SF and 1,525 SF), with the potential to combine for approximately 2,000 square feet including shared bathrooms. The property is located in Henrico County's vibrant submarket, near W Broad St, and benefits from high visibility and convenient access to major highways. Its traditional office and medical office subtypes make it suitable for a variety of businesses. The building's location near Short Pump Town Center provides excellent exposure to a large customer base and ample foot traffic. This prime location offers a thriving environment for retail businesses to flourish, with easy access to upscale boutiques, entertainment, and dining options. The property's convenient location and flexible space options make it an ideal choice for businesses seeking a strong presence in a dynamic market. The building is situated in a bustling area with a diverse customer base, offering significant potential for growth and success. This is a rare opportunity to secure space in a well-located, established commercial building.

• CAP approach

  CAP return

  Valuation

  6%

  $3,582,048

  6.5%

  $3,306,506

  7%

  $3,070,327

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,835,830

  Geo Method

  $2,835,830

• Alternative Use

  Use

  Valuation

  Residential

  $4,100,068

  Hospitality

  $3,755,640

  Educational

  $3,124,648

  Medical

  $3,232,110

  Retail

  $4,860,564

Location Insight

City

Henrico

County

Henrico

State

Virginia

Latitude

37.6423

Longitude

-77.5706

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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