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Property profile & analytics

201 Franklin St Richmond, VA 23219

  • Office Properties & Spaces
  • 21,486 SF
  • 0.45 lot acres
Value Estimation
Location Intelligence
Property ID
US87-0845933
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Richmond Emergency Management / Police Department

Property Details for 201 Franklin St

Year built
1986
Construction
TYPE NOT SPECIFIED
Lot size
0.45 lot acres
Property size
21,486 SF
Zone code
B-4 CENTRAL BUSINESS
Property type
Office Properties & Spaces
APN
W-000-0047-001
APU
W0000047001

Description

This unique 24,659 square foot free-standing office building, formerly the Richmond Fire Department headquarters, presents a compelling investment opportunity in the Central Business District. The two-story Class B building, constructed in 1986, offers a blend of traditional and creative office space, ideal for a single tenant. The property boasts 35 on-site parking spaces, a significant advantage in the downtown core, and is conveniently elevator-served. Its prominent location offers excellent building signage opportunities. The 0.45-acre lot provides ample surface parking, a rare find in this submarket. Local ownership and management ensure responsive service and a commitment to the property's long-term success. The building's proximity to the riverfront adds to its appeal and enhances its desirability. This is a rare chance to acquire a substantial, well-located office building with significant parking in a thriving downtown area. The property's history and unique character offer a distinctive opportunity for a discerning buyer. Further details regarding pricing are available upon request.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Richmond
County
Richmond City
State
Virginia
Longitude
-77.4417
Latitude
37.5424
CBSA code
40060
CBSA name
RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$20
$795,000
$1,170,000
$1,965,000
-
$795,000
$1,170,000
$1,965,000
More about this property
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