Technical
Financial
Distress signals
Property profile

1607 Altamont Ave Richmond, VA 23230

OFF-MARKET
Distribution centers
Property ID
US87-0088383
3,005 SF 0.13 ac lot Built 1935
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1935
Construction TYPE NOT SPECIFIED
Total area 3,005 SF
Lot 0.13 ac (5,741 SF)
Zoning code M-1 LIGHT INDUSTRIAL
APN N-000-1596-019
UPID US87-0088383

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
  • Interior Design Home Decor Store
  • Industrial Manufacturer
  • Production Facility Furniture & Home Goods

Location

1607 Altamont Ave Richmond, VA 23230-4501
Richmond metro Census 40202 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

Zoning & alternative use

M-1 LIGHT 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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