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10001 Patterson Ave
Richmond, VA 23238
Office Property For Sale
Investment Highlights
- Opportunity for owner-occupant with in-place income.
- Potential for exterior building signage for strong visibility.
- Convenient proximity to Route 288 and I-64 for seamless regional access.
- 11,778 SF office building with second-floor suite available.
- Corner location at Patterson Avenue and Gaskins Road with traffic counts of 9,500 vehicles per day.
Executive Summary
10001 Patterson Avenue offers a well-maintained office building situated at the high-visibility corner of Patterson Avenue and Gaskins Road in Richmond, Virginia. This two-story property provides a unique opportunity for an owner-occupant with in-place income and a functional second-floor suite available for occupancy. The building features flexible floor plans, large windows providing ample natural light, and the potential for prominent exterior signage. With a 4 per 1,000 SF parking ratio, the property ensures easy accessibility for tenants and visitors alike.
Its prime location places it close to major transportation arteries, including Route 288 and I-64, for efficient regional connectivity. Nearby amenities include Regency Square Mall, retail centers, and residential neighborhoods, contributing to convenient services and a strong employment base in the area. Gaskins Road's traffic count of approximately 9,500 vehicles per day further enhances visibility and future value. Offered at $1,825,000, this property represents an attractive long-term investment or operational asset within one of Richmond’s most desired suburban corridors.
Its prime location places it close to major transportation arteries, including Route 288 and I-64, for efficient regional connectivity. Nearby amenities include Regency Square Mall, retail centers, and residential neighborhoods, contributing to convenient services and a strong employment base in the area. Gaskins Road's traffic count of approximately 9,500 vehicles per day further enhances visibility and future value. Offered at $1,825,000, this property represents an attractive long-term investment or operational asset within one of Richmond’s most desired suburban corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
11,778 SF
Building Class
B
Year Built
1986
Price
$1,825,000
Price Per SF
$154.95
Percent Leased
82%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,889 SF
Building FAR
0.23
Lot Size
1.17 AC
Zoning
O-2 - Office
Parking
44 Spaces (4.39 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
- Security System
- Signage
Property Taxes
| Parcel Number | 744-741-9475 | Improvements Assessment | $443,100 |
| Land Assessment | $108,000 | Total Assessment | $551,100 |
Property Taxes
Parcel Number
744-741-9475
Land Assessment
$108,000
Improvements Assessment
$443,100
Total Assessment
$551,100
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