Realmo Analytics

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Property profile

114 Virginia St Richmond, VA 23219

OFF-MARKET
Retail residential properties
Property ID
US87-1079906
29,913 SF 0.27 ac lot Built 1878
Last sale Oct 2019 · $8,000,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Hill Building is a historic three-story multifamily property built in 1878 and renovated in 2015. The building contains 48 total residential units, including 11 studio units, 10 one-bedroom/one-bathroom units, and nine two-bedroom/one-bathroom units. It is located at 114 Virginia Street in Richmond, within the Shockoe Slip neighborhood, and sits on a 0.27-acre site. The property features a mix of studio through two-bedroom one-bathroom unit configurations within a single centrally managed building.

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$6.16M
Assessed land$315k
Assessed improvement$5.84M
Effective rate0.00%

Value estimate

· Nov 2026
$4.59M
$4.13M – $5.04M
CAP approach$5.75M
Submarket $/SF estimate$4.80M

Realmo valuation models over county records and 3 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 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-5 CENTRAL BUSINESS
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.4
Veterinary Clinic8.3
Tanning Salon7.8

Location

114 Virginia St Richmond, VA 23219-4124
County assessor Recorded deeds · 2 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
316 Broad, Richmond, VA 23219 $7,500,000 Aug 2022 42,980 SF
19 13th, Richmond, VA 23219-4101 $2,875,000 Mar 2022 21,165 SF
210 Leigh, Richmond, VA 23219 $2,980,000 Dec 2021 15,130 SF
8 14th, Richmond, VA 23219-4106 $2,760,000 Jul 2021 13,392 SF
115 Broad, Richmond, VA 23219-1791 $4,575,000 Feb 2021 32,228 SF
1409 Cary, Richmond, VA 23219-4220 $2,955,000 Dec 2018 13,530 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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