Property profile

12912 Plz Dr Richmond, VA 23233

OFF-MARKET
Industrial properties
Property ID
US87-0368990
6,284 SF 1.03 ac lot Built 1985
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1985
Total area 6,284 SF
Lot 1.03 ac (44,867 SF)
Zoning code B1-BUS/GEN
APN 47 21 7
UPID US87-0368990

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
  • (Bike/Boat/Book/etc) Store

Location

12912 Plz Dr Richmond, VA 23233-7419
Richmond metro Census 400102 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.45M
CAP Approach CAP
$1.21M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.26M

Owner & transaction history

since 2023
Last sale
$1.6M
5 recorded transactions
2024
Price N/A
2023
$1.6M
2012
$934,600
2005
$450,000
2005
Price N/A

Zoning & alternative use

B1-BUS/GEN · Richmond, VA
Top alternative use upside
Restaurant $1.8M +78.2%
Auto repair, garage $1.1M +15.4%
Medical building $1.0M +5.5%

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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