Financial
Distress signals
Property profile

2616 Monument Ave Richmond, VA 23220

OFF-MARKET
Apartment buildings
Property ID
US87-1282504
12,453 SF 0.28 ac lot Built 1914
Last sale Feb 2026 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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 · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$1.58M
Assessed land$548k
Assessed improvement$1.04M
Effective rate0.00%

Value estimate

· Sep 2026
$2.15M
$1.94M – $2.37M
CAP approach$2.38M
Submarket $/SF estimate$1.63M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$173/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$98 – $384

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?
R-6 SINGLE FAMILY ATTACHE
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.0
Shoe Repair8.7
Watch Repair Shop8.0

Location

2616 Monument Ave Richmond, VA 23220-2632
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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1301 Grv, Richmond, VA 23220-4750 $2,400,000 Jan 2024 10,695 SF
301 Granby, Richmond, VA 23220-5903 $2,550,000 Oct 2023 9,234 SF
2602 Grv, Richmond, VA 23220-4344 $4,050,000 Aug 2023 10,752 SF
1142 Grace, Richmond, VA 23220-3600 $4,600,000 Dec 2022 13,700 SF
25 Arthur Ashe, Richmond, VA 23220-4319 $40,643,836 Jul 2022 11,355 SF
2714 Grace, Richmond, VA 23220 $40,643,836 Jul 2022 9,369 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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