12199 Gayton RdRichmond, VA 23238

Property Details for 12199 Gayton Rd

Year built

1988

Lot size

0.59 AC

Property size (Sq ft)

3,250 SF

Zone code

O-2

Property type

Office buildings

APN

732-748-7248

APU

7327487248

Description

This single-tenant, 3,109 square foot freestanding building presents a unique leasing opportunity in Richmond, Virginia's Short Pump submarket. Located at 12199 Gayton Road, this Class C property boasts a convenient location in Tuckahoe Village West, easily accessible via a traffic signal. Built in 1988, the one-story building sits on a 0.58-acre lot and offers ample parking with 23 spaces. The property features a sophisticated executive office and a well-appointed conference room, ideal for businesses seeking a professional and functional workspace. Its versatile layout allows for customization to meet diverse business needs. The O-2 zoning provides flexibility for various office uses. The building's proximity to major retailers like Publix and Food Lion adds to its appeal, offering convenience for employees and clients alike. This is an exceptional opportunity to establish a business in a prime West End location. The property's APN is 732-748-7248. No elevators are present.

• CAP approach

  CAP return

  Valuation

  6%

  $685,610

  6.5%

  $632,871

  7%

  $587,666

• Comparable approach

  Method

  Valuation

  Relative Method

  $542,782

  Geo Method

  $542,782

• Alternative Use

  Use

  Valuation

  Residential

  $784,760

  Hospitality

  $718,836

  Educational

  $598,063

  Medical

  $618,631

  Retail

  $930,320

Location Insight

City

Henrico

County

Henrico

State

Virginia

Latitude

37.6146

Longitude

-77.6376

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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