Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

306 E Main St Richmond, VA 23219

FOR SALE
Office buildings
Property ID
US87-3930264
6,705 SF 0.13 ac lot Built 1915
Last sale Mar 2022 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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 exceptional Class A office building, located at 306 E Main Street in Richmond, Virginia, presents a unique investment opportunity. The 7,500 square foot property, situated in the Enterprise Zone, boasts a desirable multi-tenancy setup, perfect for generating strong rental income. The building, a two-story painted brick structure, underwent a complete renovation in 2016, including a new roof with a 20-year warranty. The interior features exposed brick, hardwood floors, and other high-end…

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$767k
Assessed land$328k
Assessed improvement$439k
Effective rate0.00%

Value estimate

· Nov 2026
$655k
$590k – $721k
AI approach$645k
Submarket $/SF estimate$678k
NOI build-up
Gross scheduled income$159k
Vacancy & credit loss−$25k
Operating expenses−$34k
NOI · 7.20% cap applied$101k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 277 recorded sales of this use type
Observed band · Q1–Q3$96 – $232
Qualifying comparables6

Cap rate analysis

How does the asset earn?
7.20%
$101k 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-4 CENTRAL BUSINESS
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.8
Auto Parts Store9.4
Locksmith9.1

Location

306 E Main St Richmond, VA 23219
County assessor Recorded deeds · 8 transfers 6 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23 Main, Richmond, VA 23219 $1,050,000 Jun 2025 4,958 SF
5 Franklin, Richmond, VA 23219-2105 $1,025,000 Aug 2024 6,010 SF
16 17th, Richmond, VA 23219-4212 $1,025,000 Apr 2022 5,912 SF
16 2nd, Richmond, VA 23219-3723 $560,000 Sep 2021 4,722 SF
508 Cary, Richmond, VA 23219-3818 $1,200,000 Jul 2019 5,160 SF
9 5th, Richmond, VA 23219-3823 $600,000 Feb 2019 5,128 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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