Property profile

1501 Richmond Hwy Richmond, VA 23224

OFF-MARKET
Distribution centers
Saved · see the list in your Dashboard
Property ID
US87-1039400
20,766 SF 3.19 ac Built 1990
Last sale May 2019·$1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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$1.24M
Assessed land$595k
Assessed improvement$648k
Effective rate0.00%

Value estimate

· Nov 2026
$820k
$738k – $902k
Submarket $/SF estimate$759k

Realmo valuation models over county records.

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

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?
MULTIPLE ZONING
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.3
Spa & Massage12.6
Hair Salon12.2

Location

1501 Richmond Hwy Richmond, VA 23224-7205
County assessor Recorded deeds · 7 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
506 Clopton, Richmond, VA 23224-3662 $2,500,000 Jan 2025 14,266 SF
1618 Commerce, Richmond, VA 23224-7502 $2,050,000 Nov 2022 22,050 SF
1011 Commerce, Richmond, VA 23224-7007 $3,700,000 Oct 2021 19,390 SF
1111 Commerce, Richmond, VA 23224-7505 $700,000 Aug 2021 21,995 SF
5611 Pride, Richmond, VA 23224-1020 $950,000 Apr 2020 26,190 SF
1401 Carter Crk, Richmond, VA 23224-7200 $725,000 Mar 2019 12,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 1501 Richmond Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved