Financial
Distress signals
Property profile

1301 Laburnum Ave Richmond, VA 23223

OFF-MARKET
Grocery and convenience stores
Property ID
US87-0319167
2,940 SF 1.65 ac lot Built 2019
Last sale Jul 2022 · $7,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 1301 N. Laburnum Avenue in Richmond, Virginia, the property is a 3,440-square-foot retail building constructed in 2019. It sits on the hard corner of North Laburnum Avenue and Creighton Road within an established retail corridor. The building is configured for an absolute net leased convenience store use and was historically occupied by 7-Eleven under a corporate lease arrangement. The lease structure included scheduled rental increases of 10% every five years and provided four tenant renewal options, each for a five-year term.

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.

Mortgages

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

What does the county charge?
Assessed value · 2024$1.02M
Assessed land$287k
Assessed improvement$733k

Value estimate

· Sep 2026
$6.35M
$5.72M – $6.99M
AI approach$6.29M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$164/SF
Submarket average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$44 – $315

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?
MIXE
JurisdictionHENRICO

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant28.2
Building Supply25.7
Law Firm23.2

Location

1301 Laburnum Ave Richmond, VA 23223-2101
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3606 9th Mile, Richmond, VA 23223-4812 $2,550,000 Apr 2024 3,040 SF
2500 Q, Richmond, VA 23223-5227 $80,000 Dec 2022 2,704 SF
319 25th, Richmond, VA 23223-7116 $462,500 Mar 2022 3,168 SF
912 Tulip, Richmond, VA 23223-6447 $285,000 Oct 2021 2,976 SF
1123 25th, Richmond, VA 23223-5238 $95,000 Jul 2020 2,904 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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