775 Cox RdRate on request
Cornerstone Court
11,800 SF of Multi-Family space available at 859 Semmes Ave, Richmond, VA 23230. For Lease through Trinity Commercial Group.
For LeaseStatus
11,800 SFAvailable
1952Year built
BClass
Property facts
| Property type | Multi-Family |
|---|---|
| Building class | B |
| Rentable area | 532,100 SF |
| Available | 11,800 SF |
| Stories | 27 |
| Year built | 1952 |
| Renovated | 2001 |
| Typical floor | 19,707 SF |
| Lot size | 3.16 acres |
| Parking ratio | 4.1/1,000 SF |
| Occupancy | 97.8% |
| Zoning | LI |
| Parcel ID | 65-983-2568 |
| Submarket | Scott's Addition |
| Market | Richmond |
| Days on market | 584 |
| Walk Score | 44 |
| Transit | Amtrak 6 min |
| Listing package | Basic |
Building amenities
LEED Gold, Signage, Bike Storage, Security System, Concierge, Property Manager on Site, 24 Hour Access
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2024-07-11 | $161.46M | $303.44 | 7.61% | Zenith Real Estate | Hudson Gate Partners |
| 2022-10-13 | $112.13M | $210.73 | 8.54% | Redwood Property Trust | Oakridge Development |
Public record
| Owner of record | Zenith Real Estate LLC |
|---|---|
| Assessed value | $33.91M |
| Land value | $13.24M |
| Improvement value | $20.67M |
| Annual tax | $336K |
| Tax year | 2026 |
| Lot size | 137,649 SF |
| Last deed | 2026-02-19 |
| Deed type | Special Warranty Deed |
| Legal description | LOT 7 BLK 659 SCOTT'S ADDITION ADDN |
Location
859 Semmes Ave
Richmond, VA 23230
Scott's Addition submarket · Richmond market
37.55641, -77.47042
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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