800 Moorefield Park DrRichmond, VA 23236

Property Details for 800 Moorefield Park Dr

Year built

1986

Lot size

3.14 AC

Property size (Sq ft)

14,649 SF

Zone code

O2 - CORP OFFICE DIST

Property type

Office buildings

APN

749-70-72-52-800-000

APU

749707252800000

Description

This exceptional Class A office building, located at 800 Moorefield Park Drive in Richmond, Virginia, presents a rare full-building ownership opportunity. Boasting 60,500 square feet of total space and 43,155 square feet of net rentable area, this property is priced at $4,000,000, or $66.12 per square foot. Situated on a desirable 3.12-acre waterfront site in Chesterfield County (zip code 23236), the building offers convenient access to Midlothian Turnpike and is just one mile west of Powhite Parkway. The property features an access-controlled building with ample free surface parking, supplemented by additional parking immediately adjacent. This multi-tenant building is ideal for an owner-user seeking a prominent location in an amenity-rich area. The building's traditional office layout provides flexibility for various business needs. This is a unique chance to acquire a substantial, well-located office building in a thriving market. Don't miss this opportunity to own a prime piece of Richmond commercial real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $3,090,308

  6.5%

  $2,852,592

  7%

  $2,648,835

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,446,530

  Geo Method

  $2,446,530

• Alternative Use

  Use

  Valuation

  Residential

  $3,537,214

  Hospitality

  $3,240,069

  Educational

  $2,695,699

  Medical

  $2,788,408

  Retail

  $4,193,310

Location Insight

City

North Chesterfield

County

Chesterfield

State

Virginia

Latitude

37.501

Longitude

-77.5818

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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