Property profile

1003 Masonic Ln Richmond, VA 23223

OFF-MARKET
Warehouses
Property ID
US87-3682961
15,482 SF 1.56 ac lot Built 1974
Entity Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1974
Total area 15,482 SF
Lot 1.56 ac (67,954 SF)
Zoning code M-2
APN 809-718-1990
UPID US87-3682961

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Auto Repair Shop
  • Big Box & Wholesale Store

Location

1003 Masonic Ln Richmond, VA 23223-5540
Richmond metro Census 201104 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2008
4 recorded transactions
2008
$425,000
2006
$765,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M-2 · Richmond, VA
Zoning description

Screening regulations in the M-2 Heavy Industrial District shall be as follows: (1) Where a side lot line abuts property in an R district, there shall be a continuous evergreen vegetative screen or opaque structural fenc…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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