Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1157 Azalea Ave Richmond, VA 23227-3411

    • Parking lots & garages
    • 13,707 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $1,910,000
    Last Sale
    Jan 08, 2024
    $2,700,000
    Location Intelligence
    Property ID
    US87-0075032
    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

    • Western Union / Money Transfer Service
    • LibertyX Bitcoin ATM / Atm
    • Sarah Waller / Pharmacy
    • Harsha Deshmukh-Estoll / Pharmacy
    • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy

    Property Details for 1157 Azalea Ave

    Year built
    1996
    Lot size
    0.46 lot acres
    Property size
    13,707 SF
    Zone code
    B-2 COMMUNITY BUSINESS
    Property type
    Parking lots & garages
    APN
    N-017-0078-013
    APU
    N0170078013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4538
    Latitude
    37.6011
    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
    $384,000
    $18,000
    $402,000
    -
    $384,000
    $18,000
    $402,000

    Comparable in this City

    • Value Estimation
      $640,000
      1.15 Acres

      5010 Brk Rd

      PARKING LOT • 1.15 Acres
      5010 Brk Rd, Richmond, VA 23227
      View Details
    • Value Estimation
      $320,000
      1.84 Acres

      1402 Westwood Ave

      PARKING LOT • 1.84 Acres
      1402 Westwood Ave, Richmond, VA 23227-4618
      View Details
    • Value Estimation
      $2,665,000
      0.45 Acres

      1127 Azalea Ave

      PARKING LOT • 0.45 Acres
      1127 Azalea Ave, Richmond, VA 23227
      View Details
    • Value Estimation
      $250,000
      0.16 Acres

      4110 Brk Rd

      PARKING LOT • 0.16 Acres
      4110 Brk Rd, Richmond, VA 23227
      View Details
    • Value Estimation
      $250,000
      0.25 Acres

      4200 Brk Rd

      PARKING LOT • 0.25 Acres
      4200 Brk Rd, Richmond, VA 23227
      View Details
    • Value Estimation by Request
      4.24 Acres

      1600 Westbrook Ave

      PARKING LOT • 4.24 Acres
      1600 Westbrook Ave, Richmond, VA 23227-3337
      View Details

    Similar Nearby for Sale

    • $750,000
      0.66 Acres

      Prime Richmond Redevelopment Opportunity

      Former bank, 3 drive-thrus, high visibility
      1101 Azalea Ave, Richmond, VA 23227
      View Details
    • $585,000
      1.55 Acres

      Richmond Commercial Land - B-3 Zoning

      1.55-acre lot, ideal for retail/flex development.
      5409 Brook Rd, Richmond, VA 23227
      View Details
    • Contact for pricing
      15,238 SF

      Henrico County Flex Space Available

      Flex space with direct access to major routes.
      8801 Park Central Dr, Richmond, VA 23227
      View Details
    • $389,900
      2,306 SF

      Occupied Brick Duplex in Ginter Park

      Fully occupied duplex near public transit and VCU campus.
      4910 Chamberlayne Ave, Richmond, VA 23227
      View Details
    • $595,000

      Commercial Land on Chamberlayne Avenue

      4.06 acre commercial land with highway access.
      5506 Chamberlayne Rd, Richmond, VA 23227
      View Details
    • $585,000

      Henrico County Land For Sale

      1.68 AC of land for retail, flex, or office.
      5409-5419 Brook Rd, Richmond, VA 23227
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,400 SF

      Retail Space in Brookside Center

      Retail space available in Henrico County shopping center.
      7601 Brook Rd, Richmond, VA 23227
      View Details
    • Contact for pricing
      2,544 SF

      Retail Pad Site Available

      Retail pad site with drive-thru opportunity near major retailers.
      5214 Chamberlayne Rd, Richmond, VA 23227
      View Details
    • Contact for pricing
      41,117 SF

      Freestanding Retail Building on 6.24 Acres

      41,117 SF former Walmart, excellent location and visibility.
      5221 Brook Rd, Richmond, VA 23227
      View Details
    • Contact for pricing
      1,267 SF

      Retail Space Near Major Highways

      Retail space available in highly visible strip center.
      7721 Brook Rd, Richmond, VA 23227
      View Details
    • Contact for pricing
      2,755 SF

      Freestanding Building with Drive-Thru

      2,755 SF freestanding building with drive-thru on 0.78 acres.
      8300 Brook Rd, Richmond, VA 23227
      View Details
    • $1,245,000
      4,280 SF

      Retail Space on Chamberlayne Road

      Retail space for rent with frontage on Chamberlayne Road.
      5602 Chamberlayne Rd, Richmond, VA 23227
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1157 Azalea Ave
    Richmond, VA 23227-3411
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.