11923 Centre StChester, VA 23831

Property Details for 11923 Centre St

Year built

1978

Lot size

0.61 AC

Property size (Sq ft)

2,560 SF

Zone code

C3 - COMMUNITY BUS DIST

Property type

Office properties

Property subtype

Office buildings

APN

789-65-50-45-600-000

APU

789655045600000

Description

This newly renovated 1,280 square foot office suite is available for lease at 11923 Centre St, Chester, VA 23831. Located on the second floor of a two-story, multi-tenant Class C office building constructed in 1978, this space offers a direct entry, private reception/waiting area, two large private offices, an extra-large conference room, a breakroom, and restrooms. The building totals 8,706 square feet and comprises 16 suites. The minimum divisible space is 1,280 square feet, which is also the maximum contiguous space currently available. The building does not have elevators

• CAP approach

  CAP return

  Valuation

  6%

  $474,967

  6.5%

  $438,431

  7%

  $407,114

• Comparable approach

  Method

  Valuation

  Relative Method

  $287,311

  Geo Method

  $427,546

• Alternative Use

  Use

  Valuation

  Residential

  $543,654

  Hospitality

  $497,984

  Educational

  $414,317

  Medical

  $428,566

  Retail

  $644,493

Location Insight

City

Chester

County

Chesterfield

State

Virginia

Latitude

37.3578

Longitude

-77.4467

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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