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Financial
Distress signals
Property profile

704 Dawn St Richmond, VA 23222

FOR LEASE
Flex space
Property ID
US87-0915482
7,891 SF 0.41 ac lot Built 1959
Last sale Jun 2025 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 7,891 square foot property in Richmond, Virginia, presents a unique investment opportunity. Located at 704 Dawn St, in Henrico County (zip code 23222), this flex space boasts a versatile layout ideal for various uses. Originally built in 1959 and extensively renovated in 2018, the property features a 1,200 square foot tasting room with three-sided windows and a 1,500 square foot outdoor deck. The 6,700 square foot warehouse component includes a loading dock, multiple offices, and ample…

Ownership intelligence

Who controls the opportunity?

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

Debts

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$627k
Assessed land$98k
Assessed improvement$529k
Effective rate0.00%

Value estimate

· Oct 2026
$1.08M
$968k – $1.18M
CAP approach$770k
Submarket $/SF estimate$1.27M
NOI build-up
Gross scheduled income$25k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 83,426.32% cap applied$16k

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?
83,426.32%
$16k 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?
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 agency34.0
Law Firm24.3
Dental Office18.8

Location

704 Dawn St Richmond, VA 23222
County assessor Recorded deeds · 3 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

1 recorded sale · 18 properties in this city
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
1606 Magnolia, Richmond, VA 23222-4034 $925,000 Sep 2021 20,363 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 in this city
6 properties of the same type in this city
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