Property profile

111 12th St Richmond, VA 23219

OFF-MARKET
Office buildings
Property ID
US87-1295446
5,097 SF 0.04 ac lot Built 1870
Individually Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1870
Construction TYPE NOT SPECIFIED
Total area 5,097 SF
Lot 0.04 ac (1,711 SF)
Zoning code B-5 CENTRAL BUSINESS
APN E-000-0065-021
UPID US87-1295446

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
  • Parking Lot & Garage
  • Corporate Office

Location

111 12th St Richmond, VA 23219-4011
Richmond metro Census 30502 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
$674k
Blend (final) Blend
$565k

Owner & transaction history

since 2019
1 recorded transaction
2019
$975,000

Zoning & alternative use

B-5 CENTRAL BUSINESS · Richmond, VA
Top alternative use upside
Auto repair, garage $930,000 +23.2%
Medical building $850,000 +12.6%
Neighborhood: shopping center $835,000 +11.1%

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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