1005 Main StRichmond, VA 23219

  • Retail properties
  • 5,044 SF
For Sale
$1,400,000 View listing

Property Details for 1005 Main St

Year built
1910
Construction
TYPE NOT SPECIFIED
Lot size
0.09 AC
Property size (Sq ft)
5,044 SF
Zone code
B-4 CENTRAL BUSINESS
Property type
Retail properties
Property subtype
Turn key restaurants
APN
E-000-0080-003
APU
E0000080003

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,598,174
    6.5%
    $1,475,238
    7%
    $1,369,864
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,983,703
    Geo Method
    $2,122,844
  • Alternative Use

    Use
    Valuation
    Residential
    $1,244,418
    Hospitality
    $1,139,880
    Educational
    $948,367
    Medical
    $980,983
    Retail
    $1,475,238
1005 Main St, Richmond, Virginia
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Location Insight

City
Richmond
County
Richmond City
State
Virginia
Latitude
37.5373
Longitude
-77.4354
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
$550,000
$794,000
$1,344,000
-
$550,000
$794,000
$1,344,000

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