4420 Laburnum AveHenrico, VA 23231

Property Details for 4420 Laburnum Ave

Year built

2008

Property size (Sq ft)

12,327 SF

Zone code

MIXE

Property type

Super regional malls

APN

814-717-0456

APU

8147170456

Description

This exceptional retail property, located at 4420 S Laburnum Ave in Henrico County, Virginia, offers a total of 3,200 square feet of versatile space. Currently, there are two available retail spaces, ideal for a variety of businesses. Each space offers a minimum of 1,174 square feet, with a maximum contiguous space of 1,200 square feet. A significant 2,374 square feet is currently vacant, presenting a unique opportunity for expansion or multiple tenants. The property is categorized as a multi-tenant retail building situated in the vibrant Henrico County market, offering excellent visibility and accessibility. The zip code is 23231. This location provides easy access for customers and employees alike, making it an attractive option for businesses seeking a strong presence in a thriving community. The property's size and layout offer flexibility for various retail concepts, from smaller boutiques to larger retail operations. The available space is ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations. This is a prime opportunity to secure a well-located retail space in a desirable Henrico County location. The property is classified as Retail Store.

• CAP approach

  CAP return

  Valuation

  6%

  $3,362,002

  6.5%

  $3,103,387

  7%

  $2,881,716

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,486,346

  Geo Method

  $5,188,006

• Alternative Use

  Use

  Valuation

  Residential

  $2,617,823

  Hospitality

  $2,397,912

  Educational

  $1,995,034

  Medical

  $2,063,647

  Retail

  $3,103,387

Location Insight

City

Henrico

County

Henrico

State

Virginia

Latitude

37.5274

Longitude

-77.3583

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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