Financial
Distress signals
Property profile

311 Commerce Rd Richmond, VA 23224

OFF-MARKET
Auto shops
Property ID
US87-0895876
8,000 SF 0.84 ac lot Built 1952
Last sale Jun 2024 · $105,638
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. 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$2.90M
Assessed land$2.69M
Assessed improvement$215k
Effective rate0.00%

Value estimate

· Sep 2026
$3.60M
$3.24M – $3.95M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$41 – $167

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-7 CENTRAL BUSINESS
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.9
Kitchen & Bath8.7
Catering Service8.5

Location

311 Commerce Rd Richmond, VA 23224-2333
County assessor Recorded deeds · 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
301 Maury, Richmond, VA 23224 $2,760,000 Feb 2026 9,624 SF
314 7th, Richmond, VA 23224-2308 $105,638 Apr 2025 10,264 SF
812 Richmond, Richmond, VA 23224-5247 $385,938 Mar 2024 8,775 SF
16 Thurman, Richmond, VA 23224 $384,374 Mar 2024 9,288 SF
3509 Hull, Richmond, VA 23224-3445 $308,000 Jun 2021 5,826 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?”
You own 311 Commerce Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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