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    50 E Lock Ln Richmond, VA 23226

    For Sale
    $650,000

    Bright, three-bedroom condo in desirable Lock Lane community.

    Property size:
    1,922 SF
    Lot size:
    0.04 Acres

    Property Features for 50 E Lock Ln

    General Information

    Size
    1,922 SF
    Lot size
    0.04 Acres

    Building Details

    Year built
    2007

    Source: Keller Williams Realty Alliance Group Richmond West Agent Maribeth Lacy

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

    Overview

    Lock Lane End Unit Condo

    This 1,922 square foot, three-bedroom end unit is located in the Lock Lane Condominium Community. Constructed in 2007, the home features interior shutters and is designed to maximize natural light. The first floor includes a gas fireplace in the living room, hardwood floors, detailed moulding, and built-ins in the Butler's pantry and study. The study provides access to the back deck and community grounds through French doors. A powder room is located beneath the stairs. The second floor features a primary suite with a gas fireplace, walk-in closet, and ensuite bathroom, as well as two additional bedrooms and a large hall bathroom. Off-street parking is available directly in front of the unit. The property is walkable to the Libbie/Grove area and Carytown.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office 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
    -77.5020849
    Latitude
    37.5661381

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    FAQs

    What type of property is this?
    Single family property - Bright, three-bedroom condo in desirable Lock Lane community.
    Where is this single family property located?
    The property is located at 50 E Lock Ln Richmond, VA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Highly desirable Lock Lane Condominium Community location, walkable to Libbie/Grove and Carytown.; - Spacious 3-bedroom end unit townhome with condo amenities.; - Built in 2007, a newer build with abundant natural light.
    (804) 539-8043
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    Richmond, VA 23226
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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
    50 E Lock Ln Richmond, VA 23226
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