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Financial
Distress signals
Property profile

2700 North Ave Richmond, VA 23222

FOR LEASE
Other specialty properties
Property ID
US87-0879719
5,990 SF 0.39 ac lot Built 1971
Last sale Jul 2020 · $310,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a multi-room building with approximately 4,961 square feet of interior space, configured with four main rooms, ten office or classroom areas, and three bathrooms, including one with a shower. Interior finishes include wood laminate flooring, neutral paint, and bright lighting. The site is zoned R-6, with accessory use provisions that allow certain R-1 district uses such as churches and other places of workshop, religious facilities, funeral homes, daycare and adult daycare…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$562k
Assessed land$147k
Assessed improvement$415k
Effective rate0.00%

Value estimate

· Oct 2026
$195k
$176k – $215k
AI approach$235k
NOI build-up
Gross scheduled income$127k
Vacancy & credit loss−$20k
Operating expenses−$27k
NOI · 1,388.53% cap applied$81k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,388.53%
$81k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-6 SINGLE FAMILY ATTACHE
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.6
Law Firm16.2
Dental Office12.0

Location

2700 North Ave Richmond, VA 23222
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2220 Carter, Richmond, VA 23222-2407 $1,200,000 Mar 2023 6,060 SF
2702 Chamberlayne, Richmond, VA 23222-3504 $350,000 May 2021 3,952 SF
3810 Moss Side, Richmond, VA 23222-1021 $270,000 Nov 2020 3,932 SF
2701 Garland, Richmond, VA 23222-3601 $310,000 Jul 2020 9,917 SF
3608 Meadowbridge, Richmond, VA 23222 $30,548 Dec 2019 4,358 SF
4000 Woody, Richmond, VA 23222-1770 $275,000 Oct 2018 7,626 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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