Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

1407 Cummings Dr Richmond, VA 23220

OFF-MARKET
Flex space
Property ID
US87-0058549
273,483 SF 9.25 ac lot Built 1900
Last sale May 2012 · $1,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$13.40M
Assessed land$3.65M
Assessed improvement$9.76M
Effective rate0.00%

Value estimate

· Oct 2026
$14.63M
$13.17M – $16.09M
Submarket $/SF estimate$16.30M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$60 – $161

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 Office15.9
Storage Facility15.6
Pharmacy14.9

Location

1407 Cummings Dr Richmond, VA 23220-1100
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1613 Ownby, Richmond, VA 23220 $240,000 Aug 2024 41,311 SF
210 Marshall, Richmond, VA 23220-3932 $330,000 May 2024 3,000 SF
1301 Dinneen, Richmond, VA 23220-1600 $2,500,000 Apr 2024 16,336 SF
1609 Sherwood, Richmond, VA 23220-1008 $7,250,000 Dec 2021 173,580 SF
1727 Rhoadmiller, Richmond, VA 23220-1108 $533,500 Feb 2020 27,356 SF
328 Cherry, Richmond, VA 23220-6104 $300,000 Jun 2019 2,487 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1407 Cummings Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved