Log In/Sign Up
Your email has been sent.
700 N 5th St
Richmond, VA 23219
Biotech 2 · Office Property For Sale
Investment Highlights
- 60% laboratory space, 40% general office space
- Class A structural steel with masonry/brick and glass exterior
- 4,000-amp, 480 Volt system with energy-efficient design
- Class A/B Office/Laboratory Facility (R&D)
- HVAC: Five Trane boilers, three chillers, upgraded mechanical systems (2012)
Executive Summary
This 134,106-square-foot Class A/B office and laboratory facility offers a rare opportunity to acquire a state-of-the-art R&D property in the Virginia Biotechnology Research Park with excellent access and modern, energy-efficient systems. Built in 1998 and meticulously maintained, the property features specialized laboratory and office space ideal for life sciences and research organizations.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
134,106 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
44,702 SF
Slab To Slab
12’
Building FAR
1.29
Lot Size
2.38 AC
Opportunity Zone
Yes
Zoning
RP - Research Park
Parking
95 Spaces (0.71 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
Property Taxes
| Parcel Number | N000-0021-003 | Improvements Assessment | $23,322,000 |
| Land Assessment | $7,085,000 | Total Assessment | $30,407,000 |
Property Taxes
Parcel Number
N000-0021-003
Land Assessment
$7,085,000
Improvements Assessment
$23,322,000
Total Assessment
$30,407,000
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
