122 Granite AveRichmond, VA 23226

Property Details for 122 Granite Ave

Year built

1920

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

2,200 SF

Zone code

R-4 SINGLE FAMILY

Property type

Office buildings

APN

W-020-0185-025

APU

W0200185025

Description

This exceptional 8,400-square-foot executive office space is available for lease at 122 Granite Avenue in Richmond, Virginia. Located in Richmond city County, zip code 23226, this single-tenant property offers a unique opportunity for businesses seeking a prominent location. The entire building is currently vacant, presenting a blank canvas for a discerning tenant to customize the space to their exact specifications. The property is classified as both retail and office, offering flexibility in its potential use. Its prime location in Richmond provides excellent access to major transportation routes and amenities. The building's substantial size allows for a variety of configurations, accommodating large teams or businesses requiring expansive work areas. With 8,400 square feet of completely vacant space, this property presents a rare opportunity to secure a significant footprint in a desirable Richmond location. The address is 122 Granite Avenue, Richmond, VA 23226. This property is ideal for a company seeking a high-profile presence in a thriving urban environment. The building's size and layout offer significant potential for customization and branding opportunities. Interested parties are encouraged to inquire for further details and leasing information. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $485,488

  6.5%

  $448,143

  7%

  $416,132

• Comparable approach

  Method

  Valuation

  Relative Method

  $367,422

  Geo Method

  $367,422

• Alternative Use

  Use

  Valuation

  Residential

  $555,697

  Hospitality

  $509,015

  Educational

  $423,495

  Medical

  $438,059

  Retail

  $658,770

Location Insight

City

Richmond

County

Richmond City

State

Virginia

Latitude

37.5724

Longitude

-77.5173

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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