509 Meadow StRichmond, VA 23220

Property Details for 509 Meadow St

Year built

1980

Lot size

0.09 AC

Property size (Sq ft)

100 SF

Zone code

R-6 SINGLE FAMILY ATTACHE

Property type

Retail properties

Property subtype

Parking lots & garages

APN

W-000-0861-057

APU

W0000861057

Description

This exceptional 980-square-foot creative office space is available for lease at 509 N. Meadow St in Richmond, Virginia. Located in Richmond County, zip code 23220, this single-tenant property offers a unique opportunity for businesses seeking a vibrant and inspiring work environment. The entire building, totaling 980 square feet, is currently vacant and ready for immediate occupancy. The property's classification as a "Creative Office" suggests a layout conducive to innovative and collaborative work styles, potentially featuring open floor plans, high ceilings, and ample natural light. The address is conveniently situated at 509 N. Meadow St, providing easy access to local amenities and transportation networks within Richmond. This property presents a blank canvas for a business to customize and design its ideal workspace. The building's size is perfectly suited for a smaller company or a team seeking a dedicated and private office environment. Interested parties are encouraged to inquire further to explore the possibilities this unique Richmond property offers. The property is located at 37.55438 latitude and -77.4624989 longitude. This is a single-tenant occupancy property. The property type is office.

• CAP approach

  CAP return

  Valuation

  6%

  $32,443

  6.5%

  $29,948

  7%

  $27,808

• Comparable approach

  Method

  Valuation

  Relative Method

  $42,087

  Geo Method

  $42,087

• Alternative Use

  Use

  Valuation

  Residential

  $25,262

  Hospitality

  $23,140

  Educational

  $19,252

  Medical

  $19,914

  Retail

  $29,948

Location Insight

City

Richmond

County

Richmond City

State

Virginia

Latitude

37.5541

Longitude

-77.4621

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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