Property profile

1101 Azalea Ave Richmond, VA 23227

FOR SALE
Banks
Saved see the list in your Dashboard
Property ID
US87-3693729
2,676 SF 0.66 ac Built 1981
Last sale Jan 2022·$725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This property consists of a 2,676-square-foot former bank building situated on a 0.6608-acre site along Azalea Avenue, north of downtown Richmond, Virginia. The site offers two full access points and includes a three-lane drive-thru configuration, along with a large unobstructed pylon sign. The property is positioned for strong visual exposure from the Azalea Avenue corridor and nearby lighted intersections. It is located in B-2 (Business/Community Business) zoning, which supports a broad range…

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$819k
Assessed land$425k
Assessed improvement$394k
Effective rate0.00%

Value estimate

· Nov 2026
$635k
$572k – $699k
AI approach$545k

Realmo valuation models over county records and 3 qualifying comparable sales.

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2 COMMUNITY BUSINESS
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 agency19.4
Law Firm19.0
Building Supply12.7

Location

1101 Azalea Ave Richmond, VA 23227
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales 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
4924 Chamberlayne, Richmond, VA 23227-3420 $340,000 Dec 2023 2,975 SF
5610 Brk, Richmond, VA 23227-2256 $525,000 Dec 2022 2,874 SF
211 Azalea, Richmond, VA 23227-3621 $2,300,000 Nov 2021 2,400 SF
5201 Chamberlayne, Richmond, VA 23227 $3,990,000 Jan 2020 2,940 SF
5900 Brk, Richmond, VA 23227-2258 $400,000 Aug 2019 3,045 SF
5244 Brk, Richmond, VA 23227-2943 $640,000 Jun 2019 2,520 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?