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    801 Broad St Richmond, VA 23220

    For Sale
    $3,200,000

    Institute for Contemporary Art and the CoStar Center for Arts and Innovation

    Property size:
    6,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    currently under construction

    Property Features for 801 Broad St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    6,400 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1920
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aladdin Express Mediterranean Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.44937
    Latitude
    37.5497

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    FAQs

    What type of property is this?
    Mixed-use property - Institute for Contemporary Art and the CoStar Center for Arts and Innovation
    Where is this mixed-use property located?
    The property is located at 801 Broad St Richmond, VA.
    What is the asking price?
    The asking price for this property is $3,200,000.
    (804) 349-5788
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    801 Broad St Richmond, VA 23220
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    Richmond, VA 23220
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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
    801 Broad St Richmond, VA 23220
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