Page 12 - Property Summary Guardian Place 1 12 2022 Reduced File - With Cover Pages
P. 12

Site Analysis


               Site Analysis


               The following chart summarizes the salient characteristics of the subject site.

                                                      SITE SUMMARY

                  Physical Description
                    Gross Site Area                                3.21 Acres           139,828 Sq. Ft.
                    Net Site Area                                  3.21 Acres           139,828 Sq. Ft.
                    Primary Road Frontage                          North Hamilton Street
                    Excess Land Area                               None                 n/a
                    Surplus Land Area                              None                 n/a
                    Shape                                          L Shaped
                    Topography                                     Generally Level
                    Zoning District                                B-3 General Business District
                    Flood Map Panel No. & Date                     5101290028D               2-Apr-09
                    Flood Zone                                     Zone X (Unshaded)
                    Adjacent Land Uses                             Commercial and residential uses
                    Earthquake Zone                                N/A

                  Comparative Analysis                                             Rating
                    Visibility                                     Average
                    Functional Utility                             Average
                    Traffic Volume                                 Average
                    Adequacy of Utilities                          Assumed adequate
                    Landscaping                                    Average
                    Drainage                                       Assumed adequate
                  Utilities                                       Provider                  Adequacy

                    Water                             City of Richmond                          Yes
                    Sewer                             City of Richmond                          Yes
                    Natural Gas                       City of Richmond                          Yes
                    Electricity                       Dominion Virginia Power                   Yes
                    Telephone                         Various Carriers                          Yes
                    Mass Transit                      GRTC (Bus)                                Yes

                  Other                                   Yes               No              Unknown
                    Detrimental Easements                                                        X
                    Encroachments                                                                X
                    Deed Restrictions                      X
                    Reciprocal Parking Rights                                X
                  Source:  Various sources compiled by CBRE

               The subject has deed restriction that limits that state there is a maximum income that potential
               tenants may earn.




               Guardian Place I, Richmond, Virginia
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