Financial
Distress signals
Property profile

409 Main St Richmond, VA 23219

OFF-MARKET
Other office properties
Property ID
US87-0288249
15,717 SF 0.35 ac lot Built 1951
Last sale Feb 2026 · $3,195,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 409 E Main St in Richmond, Virginia is a 25,296-square-foot office building configured for tenant occupancy and historically presented as fully furnished in move-in ready condition. The building includes shared amenities such as a common kitchen and a conference room for tenant use. Onsite parking is available, and structured parking is located within about one block of the property.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$2.45M
Assessed land$687k
Assessed improvement$1.76M
Effective rate0.00%

Value estimate

· Sep 2026
$2.90M
$2.61M – $3.19M
CAP approach$3.02M
Sales comparison$2.19M

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

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$64 – $160
Qualifying comparables6

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: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.8
Tailor Shop8.8
Auto Parts Store8.5

Location

409 Main St Richmond, VA 23219-3840
County assessor Recorded deeds · 3 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
101 14th, Richmond, VA 23219-4127 $7,000,000 Dec 2025 25,292 SF
5 Franklin, Richmond, VA 23219-2105 $1,025,000 Aug 2024 6,010 SF
22 Cary St, Richmond, VA 23219 $1,700,000 Aug 2023 24,742 SF
10 Franklin, Richmond, VA 23219-2131 $1,400,000 Feb 2023 29,335 SF
9 3rd, Richmond, VA 23219-2207 $1,350,000 Jul 2022 15,714 SF
306 Main, Richmond, VA 23219-3820 $750,000 Mar 2022 6,705 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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