Financial
Distress signals
Property profile

221 E Clay St Richmond, VA 23219

FOR SALE
Investment properties
Property ID
US87-3833062
6,229 SF 0.05 ac lot Built 1900
Last sale Oct 2023 · $389,626
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$746k
Assessed land$98k
Assessed improvement$648k
Effective rate0.00%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$355k
NOI build-up
Gross scheduled income$82k
Vacancy & credit loss−$5k
Operating expenses−$23k
NOI · 5.14% cap applied$54k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$64 – $160
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.14%
$54k 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?
B-2 COMMUNITY BUSINESS
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.9
Tailor Shop9.8
Locksmith9.2

Location

221 E Clay St Richmond, VA 23219
County assessor Recorded deeds · 4 transfers 5 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Grace, Richmond, VA 23219-1718 $1,000,000 Dec 2024 4,976 SF
214 Main, Richmond, VA 23219-3715 $930,000 Oct 2023 6,504 SF
211 Broad, Richmond, VA 23219-1971 $569,000 Dec 2021 7,740 SF
1318 Cary, Richmond, VA 23219-4118 $1,800,000 Oct 2021 8,036 SF
1208 Cary, Richmond, VA 23219-4116 $1,787,500 May 2021 6,322 SF
1210 Cary, Richmond, VA 23219-4116 $1,787,500 May 2021 7,964 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message