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    310 W Broad St Richmond, VA 23219

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    For Sale
    $1,695,000

    Redevelopment opportunity with parking near VCU's proposed Arts Center.

    Property size:
    16,488 SF
    Lot size:
    0.16 Acres

    Property Features for 310 W Broad St

    General Information

    Size
    16,488 SF
    Lot size
    0.16 Acres

    Source: One South Commercial Agent Tom Rosman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redevelopment Opportunity Near VCU

    This property, encompassing 16,488 square feet, presents a scaled redevelopment opportunity. It is located two blocks east of Virginia Commonwealth University's proposed Costar Center for Arts & Innovation. The property offers the potential to increase rentable square footage and features significant exclusive off-street parking. There is potential to utilize historic tax credits and benefit from the enterprise zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Backstage LLC Audiovisual Equipment Rental Service The Ward Recording Studio ... Recording Studio 707 Fine Clothing Men'S Clothing Store Men's And Boys Clothing Store Pat Porter Photography Wedding Photographer

    Suggested Use

    Realty agency Spa & Massage Restaurant Hair Salon Dental Office Nail Salon Building Supply Daycare Center Clothing Store 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
    -77.4448366
    Latitude
    37.5475985

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    FAQs

    What type of property is this?
    Office building - Redevelopment opportunity with parking near VCU's proposed Arts Center.
    Where is this office building located?
    The property is located at 310 W Broad St Richmond, VA.
    What is the asking price?
    The asking price for this property is $1,695,000.
    What are key features of this property?
    This property features: - Significant exclusive off street parking; - Just 2 blocks east of VCU’s proposed Costar Center for Arts & Innovation; - Scaled redevelopment opportunity
    (804) 353-0009
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    310 W Broad St Richmond, VA 23219
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    Richmond, VA 23219
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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
    310 W Broad St Richmond, VA 23219
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