Property profile

1506 Matthews St Richmond, VA 23222

OFF-MARKET
Industrial land
Property ID
US87-0775340
0.12 ac lot
Individually Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.12 ac (5,250 SF)
Zoning code M-2 HEAVY INDUSTRIAL
APN N-000-0338-016
UPID US87-0775340

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1506 Matthews St Richmond, VA 23222-5427
Richmond metro Census 11000 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2020
Last sale
$350,000
5 recorded transactions
2020
$350,000
2019
Price N/A
2017
Price N/A
2017
Price N/A
2015
Price N/A

Zoning & alternative use

M-2 HEAVY INDUSTRIAL · Richmond, VA

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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