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1701 E Parham Rd 24,552 SF Office Building Richmond, VA 23228 $3,200,000 ($130.34/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
Take advantage of a prime investment opportunity with this partially leased commercial property in one of Henrico’s most active corridors. Strategically located near I-95 and I-295, the property delivers high visibility, reliable income, and long-term growth potential. The interior features modernized, adaptable spaces designed to accommodate a range of professional uses, including medical, office, and financial services. Anchored by a strong local tenant with a secure lease and solid financial history, this asset offers both stability and scalability.
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
$3,200,000
Price Per SF
$130.34
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
8,184 SF
Slab To Slab
11’
Building FAR
0.14
Lot Size
3.92 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
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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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