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2500 Turner Rd 73,350 SF 100% Leased Office Building Richmond, VA 23224 $5,950,000 ($81.12/SF)
INVESTMENT HIGHLIGHTS
- C5 zoning with broad permitted uses
- Dining hall ideal for large-group operations
- Strong regional access: minutes to I-95 & Rt. 288
- Commercial kitchen with walk-in freezer and hood
- Value-add opportunity with below-market pricing
- Immediate equity position
EXECUTIVE SUMMARY
Exceptional value-add commercial asset offering 73,350 SF across two stories, strategically located just over one mile from major highway access and minutes from I-95 and Route 288. Priced well below market value, this property presents investors and owner-users with a rare opportunity to acquire a versatile facility with significant upside and substantial Day-1 equity.
The building features two main entrances, an elevator, ADA-compliant restrooms, and a fully equipped commercial kitchen including a walk-in freezer, hood system, and adjacent dining hall—ideal for institutional use, production, creative operations, or redevelopment.
Situated on 3 acres with 100 parking spaces and zoned C5, the property supports a wide array of potential uses, from office and creative space to education, specialty commercial, or adaptive reuse concepts. The site layout and building configuration also lend themselves to redevelopment, expansion, or a hybrid occupancy model.
The building features two main entrances, an elevator, ADA-compliant restrooms, and a fully equipped commercial kitchen including a walk-in freezer, hood system, and adjacent dining hall—ideal for institutional use, production, creative operations, or redevelopment.
Situated on 3 acres with 100 parking spaces and zoned C5, the property supports a wide array of potential uses, from office and creative space to education, specialty commercial, or adaptive reuse concepts. The site layout and building configuration also lend themselves to redevelopment, expansion, or a hybrid occupancy model.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
73,350 SF
Building Class
C
Year Built
1970
Price
$5,950,000
Price Per SF
$81.12
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
36,675 SF
Building FAR
0.56
Lot Size
3.02 AC
Zoning
C5 - GEN B - High density commerical zoning
Parking
100 Spaces (2.07 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 765-69-67-27-300-000 | Improvements Assessment | $5,864,200 |
| Land Assessment | $383,600 | Total Assessment | $6,247,800 |
PROPERTY TAXES
Parcel Number
765-69-67-27-300-000
Land Assessment
$383,600
Improvements Assessment
$5,864,200
Total Assessment
$6,247,800
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2500 Turner Rd
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