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    400 Brookland Park Blvd Richmond, VA 23222

    Sponsored
    For Sale
    $585,000

    High-yield, long-term lease in place.

    Property size:
    1,461 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This 1,461 square foot commercial property, located at 400 W Brookland Park in Richmond, Virginia, presents a compelling investment opportunity. Situated on a 0.16-acre lot, the property boasts a strong, long-term lease, ensuring a consistent and reliable income stream for the investor. The building's size and established tenancy make it an attractive addition to any portfolio seeking stable, passive income generation. The property's location in Richmond offers access to a thriving local economy and a diverse customer base. This is an excellent chance to acquire a well-maintained commercial property with a proven track record of success. The asking price of $585,000 reflects the property's value and potential for future appreciation. The existing lease agreement provides financial stability and minimizes vacancy risk, making this an ideal investment for both seasoned and new investors seeking a low-maintenance, high-return asset. Further details regarding the lease terms and tenant information are available upon request. This property is offered as-is. Serious inquiries only.

    Property Features for 400 Brookland Park Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,461 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1962
    Property Profile Location Intelligence

    Current Use by Public Records

    Y and I Market ... Convenience Store LibertyX Bitcoin ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.43772
    Latitude
    37.57198

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield, long-term lease in place.
    Where is this commercial real estate located?
    The property is located at 400 Brookland Park Blvd Richmond, VA.
    What is the asking price?
    The asking price for this property is $585,000.
    (804) 320-9508
    Request Owner's contact information
    400 Brookland Park Blvd Richmond, VA 23222
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    Richmond, VA 23222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 Brookland Park Blvd Richmond, VA 23222
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