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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Office buildings
106 19th St Richmond, VA 23223
Individually Owned
~
Est. High Equity
Property ID
US87-0655605
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1902
Construction
TYPE NOT SPECIFIED
Total area
4,032 SF
Lot
0.05 ac (2,287 SF)
Zoning code
B-5 CENTRAL BUSINESS
APN
E-000-0131-015
UPID
US87-0655605
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$729k
Blend (final)
Blend
$775k
Owner & transaction history
Leading Elevating Valuing Everyone
Leading Elevating Valuing Everyone
since 2026
Last sale
$745,000
4 recorded transactions
Zoning & alternative use
B-5 CENTRAL BUSINESS · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$735,000
+23.2%
Medical building
$670,000
+12.6%
Neighborhood: shopping center
$660,000
+11.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$965,000
6.5%
$890,000
7%
$825,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$595,000
Current use
AUTO REPAIR, GARAGE
$735,000
Change: +23% · Conversion: Difficult
MEDICAL BUILDING
$670,000
Change: +13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$660,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$580,000
Change: -3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$485,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $745k (Jan 2 2026)
Last sale anchor
$745k
Jan 2 2026
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$192 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$20
Tax year 2020
Assessed value
$684,000
Assessed 2024
Previous assessed
$684,000
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$160,000
Assessed improvement
$524,000
Land market value
$160,000
Improvement market value
$524,000
Total market value
$684,000
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1902
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
2
Rooms
2
Bathrooms
2
Total area
4,032 SF
Lot
0.05 ac (2,287 SF)
Zoning code
B-5 CENTRAL BUSINESS
APN
E-000-0131-015
UPID
US87-0655605
Jurisdiction
RICHMOND CITY
Zoning & alternative use
B-5 CENTRAL BUSINESS · Richmond, VA
Zoning B-5 CENTRAL BUSINESS · permitted uses
B-5 CENTRAL BUSINESS · Richmond, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$595,000
AUTO REPAIR, GARAGE
Est. value
$735,000
MEDICAL BUILDING
Est. value
$670,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$660,000
RETAIL STORES
Est. value
$580,000
COMMERCIAL (GENERAL)
Est. value
$485,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1902
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
2
Rooms
2
Bathrooms
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Leading Elevating Valuing Everyone
Individual
Mailing address
5320 STANWOOD WAY, GLEN ALLEN, VA 23059-7142
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
$745,000
Leading Elevating Valuing Everyone
Tdh Properties LLC
Warranty Deed
$650,250 · Truist Bank
Dec 12, 2014
$550,000
Tdh Properties LLC
J Christopher Jankowski LLC
Warranty Deed
$300,000 · Union First Market Bank
May 15, 2009
$515,000
J Christopher Jankowski LLC
Reed Max LLC
Warranty Deed
$540,972 · First Citizens Bank & Tru
—
—
Tdh Props LLC
—
Deed Of Trust
related
$249,000 · Business Fin Grp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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