Property profile

1114 Marshall St Richmond, VA 23220

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional residential building lot presents a unique opportunity to build a single-family home or a duplex in a highly desirable Richmond, Virginia location. Situated at 1114.5 W Marshall St, zip code 23220, this property is ideally located just one mile from Virginia Commonwealth University (VCU), providing convenient access to campus life, and within easy reach of numerous restaurants and businesses. The lot's unique topography offers a one-story below-grade level, perfect for incorporating a basement or parking area, allowing for at least two stories of above-grade living space. The asking price for this remarkable property is $175,000. This presents a compelling investment opportunity in a vibrant and growing area of Richmond. The property is zoned for residential use, offering flexibility in design and development. Given its proximity to VCU and the thriving commercial corridor, this lot is poised for significant appreciation. Don't miss this chance to secure a prime piece of Richmond real estate and create your ideal living space or investment property. The latitude and longitude coordinates are 37.5462274 and -77.4415483 respectively. Serious inquiries only.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1114 Marshall St Richmond, VA 23220
Richmond metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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