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Financial
Distress signals
Property profile

1616 Grace St Richmond, VA 23220

OFF-MARKET
Apartment buildings
Property ID
US87-0660427
3,190 SF 0.09 ac lot Built 1910
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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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$624k
Assessed land$196k
Assessed improvement$428k
Effective rate0.00%

Value estimate

· Oct 2026
$410k
$369k – $451k
AI approach$265k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$173/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$98 – $384
Qualifying comparables3

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-48 MULTI FAMILY
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.8
Dry Cleaner8.8
Pet Grooming Service8.7

Location

1616 Grace St Richmond, VA 23220-2127
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1503 Brk, Richmond, VA 23220-2323 $810,000 Dec 2025 1,936 SF
2000 Grace, Richmond, VA 23220-2021 $640,000 Apr 2024 3,420 SF
1024 Franklin, Richmond, VA 23220-3738 $950,000 Oct 2023 3,264 SF
101 Jackson, Richmond, VA 23220-3251 $775,000 Oct 2023 4,108 SF
1842 Monument, Richmond, VA 23220-2813 $1,250,000 Mar 2023 3,983 SF
603 Brk, Richmond, VA 23220-3223 $2,500,000 Nov 2022 5,694 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
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