101 E Cary St Richmond, VA 23220
Property profile & analytics
101 E Cary St Richmond, VA 23220
- Office buildings
- 5,467 SF
- 0.05 lot acres
Property ID
US87-1174154
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Madison+Main / Marketing & Advertising / Advertising Agency
Property Details for 101 E Cary St
- Year built
- 1915
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.05 lot acres
- Property size
- 5,467 SF
- Zone code
- B-3 GENERAL BUSINESS
- Property type
- Office buildings
- APN
- W-000-0060-001
- APU
- W0000060001
Description
This stunning three-story, 6,000 square foot office building at 101 E Cary St, Richmond, VA 23219 presents a unique owner-user investment opportunity. Built in 1887, the Douglas-Baird House is a meticulously restored Class B property offering a blend of traditional and creative office space. The single-tenant building boasts a prime location in Richmond's vibrant business district, ensuring high visibility and accessibility. With its impressive architecture and versatile floor plan, this property is ideal for a variety of businesses seeking a prestigious address. The asking price is $1,530,000, translating to $255 per square foot. This represents a compelling investment in a highly sought-after area of Richmond. The property's strategic location within the city's bustling commercial core guarantees significant exposure and convenient access for employees and clients alike. The building's blend of historical charm and modern functionality makes it an exceptional opportunity for businesses seeking a unique and impactful office space. Don't miss this chance to acquire a landmark property in one of Richmond's most desirable locations. This is an owner-user investment, offering a rare chance to own a piece of Richmond's history and commercial success.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $910,000
Market price range: $527k - $1.27M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $810,000 Current use
- AUTO REPAIR, GARAGE
- $995,000 Change: +23% Conversion: Difficult
- MEDICAL BUILDING
- $910,000 Change: +13% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $900,000 Change: +11% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $880,000 Change: +9% Conversion: Easy
- RETAIL STORES
- $790,000 Change: -3% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.4443
- Latitude
- 37.5414
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$20
$159,000
$871,000
$1,030,000
-
$159,000
$871,000
$1,030,000
