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    Property profile & analytics

    11331 Patterson Ave Henrico, VA 23238

    • Commercial land
    • 6.45 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-1147621
    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.

    Current Use by Public Records

    • Commercial land

    Property Details for 11331 Patterson Ave

    Lot size
    6.45 lot acres
    Zone code
    B-1
    Property type
    Commercial land
    APN
    736-742-4016
    APU
    7367424016

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.6251
    Latitude
    37.5971
    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
    2023
    $0.00
    $6,500
    $0.00
    $6,500
    -
    $6,500
    $0.00
    $6,500

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      10620 Patterson Ave

      VACANT COMMERCIAL LAND • 0.23 Acres
      10620 Patterson Ave, Henrico, VA 23238-4700
      View Details
    • Value Estimation by Request
      0.03 Acres

      10530 Castile Rd

      VACANT COMMERCIAL LAND • 0.03 Acres
      10530 Castile Rd, Henrico, VA 23238
      View Details
    • Value Estimation by Request
      0.31 Acres

      Gaskins Rd

      VACANT COMMERCIAL LAND • 0.31 Acres
      Gaskins Rd, Henrico, VA 23238
      View Details
    • Value Estimation by Request
      0.04 Acres

      9801 Gayton Rd

      VACANT COMMERCIAL LAND • 0.04 Acres
      9801 Gayton Rd, Henrico, VA 23238
      View Details
    • Value Estimation by Request
      0.47 Acres

      Gayton Rd

      VACANT COMMERCIAL LAND • 0.47 Acres
      Gayton Rd, Henrico, VA 23238
      View Details
    • Value Estimation by Request
      0.09 Acres

      Patterson Ave

      VACANT COMMERCIAL LAND • 0.09 Acres
      Patterson Ave, Henrico, VA 23238
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      2,326 SF

      Office Space with Signage Opportunity

      Office space available for rent with high-visibility signage.
      10001 Patterson Ave, Richmond, VA 23238
      View Details
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      5,600 SF

      Retail Space at Oak Hill

      High-end retail and restaurant space in Richmond's West Creek.
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      Retail strip center in Henrico County, Virginia.
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      156,917 SF shopping center with restaurant spaces and patio.
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      156,917 SF shopping center in Richmond's west end.
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      4,150 SF

      Richmond Shopping Center Retail Space

      156,917 SF shopping center with restaurant spaces and patio.
      1300 Gaskins Rd, Richmond, VA 23238
      View Details
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    11331 Patterson Ave
    Henrico, VA 23238
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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