512 Hull StRichmond, VA 23224

Property Details for 512 Hull St

Year built

2022

Construction

WOOD

Lot size

0.59 AC

Property size (Sq ft)

54,555 SF

Zone code

B-7 CENTRAL BUSINESS

Property type

Apartment buildings

APN

S-000-0076-001

APU

S0000076001

Description

This exceptional 1,500-square-foot executive office space is ideally situated at 512 Hull Street in Richmond, Virginia's vibrant Manchester neighborhood. Located on the first floor of The Cove, a thriving 54,000-square-foot mixed-use development, this single-tenant property offers unparalleled convenience and accessibility. The building boasts a total of 65 residential units and an additional 2,956 square feet of commercial space, creating a dynamic and bustling environment. The property is situated at the corner of Hull and 6th Streets, providing excellent visibility and convenient access to major thoroughfares. With one parking space included, this space is perfect for a small business or professional seeking a high-profile location in a rapidly growing area. Manchester is known for its burgeoning residential community and its proximity to the James River and Richmond's central business district. This presents a unique opportunity to establish a presence in a sought-after location with strong growth potential. The property is located in Broad Rock County, Virginia, and has a zip code of 23224. The space is entirely vacant and ready for immediate occupancy. This is a rare opportunity to secure a prominent office space in a thriving mixed-use development.

• CAP approach

  CAP return

  Valuation

  6%

  $12,551,035

  6.5%

  $11,585,571

  7%

  $10,758,030

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,490,275

  Geo Method

  $14,122,407

• Alternative Use

  Use

  Valuation

  Residential

  $11,585,571

  Hospitality

  $10,612,321

  Educational

  $8,829,326

  Medical

  $9,132,980

  Retail

  $13,734,507

Location Insight

City

Richmond

County

Richmond City

State

Virginia

Latitude

37.5238

Longitude

-77.4388

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].