109 GraceRichmond, VA 23219

  • Retail properties
  • 6,011 SF
Off market
$690,000 Estimated

Property Details for 109 Grace

Year built
1935
Construction
TYPE NOT SPECIFIED
Lot size
0.14 AC
Property size (Sq ft)
6,011 SF
Zone code
B-4 CENTRAL BUSINESS
Property type
Retail properties
Property subtype
Retail space
APN
W-000-0063-005
APU
W0000063005

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,950,245
    6.5%
    $1,800,226
    7%
    $1,671,639
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,529,821
    Geo Method
    $2,529,821
  • Alternative Use

    Use
    Valuation
    Residential
    $1,518,558
    Hospitality
    $1,390,991
    Educational
    $1,157,288
    Medical
    $1,197,089
    Retail
    $1,800,226
109 Grace, Richmond, Virginia
Leaflet | © OpenStreetMap contributors

Location Insight

City
Richmond
County
Richmond City
State
Virginia
Latitude
37.5437
Longitude
-77.4417
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
2023
$8,280
$343,000
$347,000
$690,000
-
$343,000
$347,000
$690,000

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