Realmo Analytics

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Financial
Distress signals
Property profile

2200 East Laburnum Ave Richmond, VA 23222

FOR LEASE
Drive through restaurants
Property ID
US87-0882773
3,025 SF 1.2 ac lot Built 1981
Last sale Jul 2022 · $2,524,455
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail property contains 3,025 square feet of interior space and is located on E Laburnum Ave in Richmond, Virginia.

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 · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$794k
Assessed land$281k
Assessed improvement$513k
Effective rate0.83%

Value estimate

· Oct 2026
$2.21M
$1.99M – $2.43M
AI approach$2.18M
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$4k
Operating expenses−$14k
NOI · 1.32% cap applied$33k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$281/SF
Submarket average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$126 – $470
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1.32%
$33k 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?
B-2
Screening regulations in the B-2 Community Business District shall be as follows: (1) Where a side lot line abuts property in an R distri...
General categoryCOMMERCIAL
JurisdictionHENRICO

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 agency30.1
Law Firm24.1
Restaurant23.9

Location

2200 East Laburnum Ave Richmond, VA 23222
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2308 Chamberlayne, Richmond, VA 23222-4204 $750,000 Apr 2025 2,560 SF
410 Brookland Park, Richmond, VA 23222-2606 $380,000 Jan 2024 3,061 SF
2923 Nn, Richmond, VA 23222-3612 $999,000 Aug 2023 3,623 SF
109 Brookland Park, Richmond, VA 23222-2633 $295,000 Jul 2023 2,784 SF
2924 Nn, Richmond, VA 23222-3613 $495,000 Mar 2022 3,600 SF
625 Laburnum, Richmond, VA 23222-2206 $1,000,000 Feb 2022 3,000 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
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