Financial
Distress signals
Property profile

16 Colonial Ave Richmond, VA 23221

OFF-MARKET
Parking lots & garages
Property ID
US87-1182042
26,833 SF 0.42 ac lot Built 1991
Last sale Jun 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$20k
Tax billed · 2020
Assessed value · 2024$1.63M
Assessed land$562k
Assessed improvement$1.07M
Effective rate1.20%

Value estimate

· Sep 2026
$1.37M
$1.23M – $1.50M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
R-02 RESIDENTIAL OFFICE
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center11.5
Dry Cleaner10.1
Auto Parts Store9.3

Location

16 Colonial Ave Richmond, VA 23221
County assessor Recorded deeds · 1 transfer 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
306 Cleveland, Richmond, VA 23221-2337 $10,500,000 Jan 2023 N/A
3215 Stuart, Richmond, VA 23221-2326 $10,500,000 Jan 2023 N/A
311 Tilden, Richmond, VA 23221 $10,500,000 Jan 2023 N/A
3310 Cary, Richmond, VA 23221-3404 $3,800,000 Apr 2022 N/A
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
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