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1701 E Parham Rd 24,552 SF Office Building Richmond, VA 23228 $3,750,000 ($152.74/SF)
INVESTMENT HIGHLIGHTS
- 1701 E Parham Rd offers a rare blend of location, flexibility, and value-add opportunity in one of Richmond’s most trafficked suburban corridors.
- This 34,765 SF office-and-warehouse property sits on nearly 4 acres.
EXECUTIVE SUMMARY
Seize a rare chance to own a partially leased commercial property in Henrico’s vibrant corridor. This well-maintained building, near I-95 and I-295, offers great visibility, steady income, and growth potential. The interior has flexible, updated spaces with professional finishes, suitable for medical, office, financial, or service uses. The current tenant, with a secure lease, is a reputable local business with a strong financial record.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
24,552 SF
Building Class
B
Year Built/Renovated
1975/2015
Price
$3,750,000
Price Per SF
$152.74
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
8,184 SF
Slab To Slab
11’
Building FAR
0.14
Lot Size
3.93 AC
Zoning
O-3C
Parking
87 Spaces (3.54 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Key Fob Entry
- Air Conditioning
- On-Site Security Staff
PROPERTY TAXES
| Parcel Number | 778-757-8541 | Improvements Assessment | $2,647,500 |
| Land Assessment | $287,800 | Total Assessment | $2,935,300 |
PROPERTY TAXES
Parcel Number
778-757-8541
Land Assessment
$287,800
Improvements Assessment
$2,647,500
Total Assessment
$2,935,300
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1701 E Parham Rd
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