24 E Cary St | Richmond, VA 23219
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- LoopNet Team
24 E Cary St
Richmond, VA 23219
2 Parcel Opportunity | Redevelop or Occupy · Office Property For Sale
Investment Highlights
- Vacant former office building perfect for owner-users or redevelopment with additional adjacent paved lot (separately parceled).
- Office rents in the submarket have increased by 2.9% over the past year, with a cumulative 4.5% increase over the past three years.
- Prime accessibility via the Downtown Expressway, I-95, and I-64 connect Monroe Ward to the rest of the city.
- Monroe Ward is small but active - the area has seen six trades over the past year.
PROPERTY FACTS
Sale Condition
Auction Sale
Property Type
Office
Building Size
25,705 SF
Building Class
C
Year Built/Renovated
1967/2025
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
8,568 SF
Slab To Slab
12’
Building FAR
1.29
Lot Size
0.46 AC
Zoning
TOD-1
Parking
55 Spaces (2.14 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
zoning
| Zoning Code | TOD-1 |
| TOD-1 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $145,000 | |
| Land Assessment | $391,000 | Total Assessment | $536,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$391,000
Improvements Assessment
$145,000
Total Assessment
$536,000
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