The property includes a fenced parking and storage facility designed for up to 20 units, situated on a hard-packed, graveled lot. On-site improvements include a 288-square-foot office area with a restroom and access to a break room and conference room. The site is equipped with lighting and is secured, and it provides on-site fuel supply, including regular gas and both on-road and off-road diesel.

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$1.25M

Assessed land$784k

Assessed improvement$465k

Effective rate0.00%

Value estimate

· Nov 2026

$845k

$761k – $930k

CAP approach$980k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$103/SF

Submarket average, outlier-cleaned · 75 recorded sales of this use type

Observed band · Q1–Q3$60 – $161

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?

M-1 LIGHT INDUSTRIAL

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 agency18.3

Law Firm16.4

Building Supply15.7

2403 Commerce Rd Richmond, VA 23234-1804

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

4 recorded sales · 15 properties nearby

Address Sale price Sold Size

2924 Bells, Richmond, VA 23234-1606 $2,225,000 Jan 2026 30,948 SF

2807 Transport, Richmond, VA 23234-1648 $2,770,000 Oct 2024 25,316 SF

4205 Richmond, Richmond, VA 23234-2715 $150,000 Feb 2024 2,420 SF

2901 Commerce, Richmond, VA 23234-1809 $2,250,000 Jan 2024 28,100 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

Value Estimation
$590,000

6,545 SF

3025 Bells Rd

LIGHT INDUSTRIAL

3025 Bells Rd, Richmond, VA 23234

View Details
Value Estimation
$410,000

4,950 SF

2110 Ruffin Rd

LIGHT INDUSTRIAL

2110 Ruffin Rd, Richmond, VA 23234-6521

View Details
Value Estimation
$2,505,000

25,316 SF

2807 Transport St

LIGHT INDUSTRIAL

2807 Transport St, Richmond, VA 23234-1648

View Details
Value Estimation
$1,455,000

25,365 SF

2702 Deepwater Terminal Rd

LIGHT INDUSTRIAL

2702 Deepwater Terminal Rd, Richmond, VA 23234-1822

View Details
Value Estimation
$2,250,000

28,100 SF

2901 Commerce Rd

LIGHT INDUSTRIAL

2901 Commerce Rd, Richmond, VA 23234-1809

View Details
Value Estimation
$2,415,000

30,020 SF

2900 Terminal Ave

LIGHT INDUSTRIAL

2900 Terminal Ave, Richmond, VA 23234-1632

View Details

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2403 Commerce Rd Richmond, VA 23234

Property summary