Property profile

1320 Laburnum Ave Richmond, VA 23223

OFF-MARKET
Retail space
Property ID
US87-2721407
9,963 SF 1.43 ac lot Built 2017
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2017
Total area 9,963 SF
Lot 1.43 ac (62,465 SF)
Zoning code MIXE
APN 808-730-3934
UPID US87-2721407

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
  • Discount Store

Location

1320 Laburnum Ave Richmond, VA 23223-2102
Richmond metro Census 201003 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.68M
Comparable Approach Comparable
$1.97M
Blend (final) Blend
$1.60M

Owner & transaction history

Zoning & alternative use

MIXE · Richmond, VA
Top alternative use upside
Auto repair, garage $1.8M +26.4%
Medical building $1.7M +15.6%
Neighborhood: shopping center $1.6M +14.0%

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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