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Financial
Distress signals
Property profile

1005 Main St Richmond, VA 23219

OFF-MARKET
Turn key restaurants
Property ID
US87-0043095
5,044 SF 0.09 ac lot Built 1910
Last sale Mar 2021 · $598,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 12,000 square foot commercial property, located at 1005 E. Main Street in Richmond, Virginia, presents a unique investment opportunity. The three-story building, including a mezzanine, boasts classic early 20th-century architecture and is situated in the heart of downtown, surrounded by offices, apartments, hotels, and prominent Richmond landmarks. Its versatile design allows for a multitude of uses, making it ideal for a variety of businesses. Currently zoned for retail,…

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 · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$1.34M
Assessed land$550k
Assessed improvement$794k
Effective rate0.00%

Value estimate

· Oct 2026
$770k
$693k – $847k
AI approach$825k
Submarket $/SF estimate$579k

Realmo valuation models over county records and 3 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 comparables3

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?
B-4 CENTRAL BUSINESS
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply16.2
Auto Parts Store15.5
Kitchen & Bath13.1

Location

1005 Main St Richmond, VA 23219-3503
County assessor Recorded deeds · 6 transfers 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12 Marshall, Richmond, VA 23219-1744 $480,000 Feb 2026 4,205 SF
315 1st, Richmond, VA 23219-1721 $350,000 Apr 2024 4,512 SF
422 2nd, Richmond, VA 23219 $482,200 Sep 2021 4,201 SF
1212 Cary, Richmond, VA 23219-4116 $1,462,500 May 2021 5,472 SF
1210 12th E Cary, Richmond, VA 23219-4116 $1,462,500 May 2021 6,084 SF
410 Grace, Richmond, VA 23219-1838 $592,500 Feb 2020 6,073 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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