400 Southlake BlvdRichmond, VA 23236
- Office properties
- 800 SF
Property Details for 400 Southlake Blvd
- Year built
- 1981
- Lot size
- 0.12 AC
- Property size (Sq ft)
- 800 SF
- Zone code
- I1 - LT INDUSTRIAL DIST
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 742-70-60-78-500-001
- APU
- 742706078500001
Description
This exceptional 1,290 square foot executive office condo is situated in the desirable Southport Office Condominium Complex at 400 Southlake Blvd, Unit D, Richmond, VA 23236. The two-story building offers a well-designed layout including private offices and a dedicated conference room, providing ample space for a growing business. Restrooms are conveniently located on each floor. The property is professionally managed and maintained, ensuring a seamless and efficient work environment. Two reserved parking spaces are included, adding convenience for employees and clients. This prime location offers easy access to major roadways, including Midlothian Turnpike, and is less than a mile from Chesterfield Towne Center, providing convenient access to a variety of retail options and amenities. The asking price for this turnkey office space is $235,000. Tenants are responsible for all utilities. This presents a unique opportunity for business owners seeking ownership in a thriving commercial area. The property is located in Chesterfield County, Virginia.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $168,766
- 6.5%
- $155,784
- 7%
- $144,656
-
Comparable approach
- Method
- Valuation
- Relative Method
- $133,608
- Geo Method
- $133,608
-
Alternative Use
- Use
- Valuation
- Residential
- $193,172
- Hospitality
- $176,944
- Educational
- $147,215
- Medical
- $152,278
- Retail
- $229,002
Location Insight
- City
- North Chesterfield
- County
- Chesterfield
- State
- Virginia
- Latitude
- 37.5001
- Longitude
- -77.6066
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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