Financial
Distress signals
Property profile

1240 Ingram Ave Richmond, VA 23224

OFF-MARKET
Warehouses
Property ID
US87-2285718
77,600 SF 12.95 ac lot Built 1940
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$39k
Tax billed · 2020
Assessed value · 2024$3.26M
Assessed land$1.86M
Assessed improvement$1.40M
Effective rate1.20%

Value estimate

· Sep 2026
$2.07M
$1.86M – $2.28M
Submarket $/SF estimate$1.99M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$66/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$33 – $109
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-1 LIGHT INDUSTRIAL
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office16.8
Pharmacy12.0
Kitchen & Bath11.4

Location

1240 Ingram Ave Richmond, VA 23224-6951
County assessor Recorded deeds · not on file 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3100 Hopkins, Richmond, VA 23224-6631 $5,944,193 Dec 2025 76,000 SF
5255 Hull St, Richmond, VA 23224-2400 $300,000 Oct 2024 29,318 SF
2901 Maury, Richmond, VA 23224-3553 $1,600,000 Apr 2024 36,246 SF
1806 Richmond, Richmond, VA 23224-7212 $4,244,000 Nov 2023 101,132 SF
133 Belt, Richmond, VA 23224-1236 $2,900,000 Mar 2023 58,626 SF
10 Belt, Richmond, VA 23224-1202 $2,350,000 Feb 2023 56,756 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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