Property profile

1616 Smt Ave Richmond, VA 23230

OFF-MARKET
Retail space
Property ID
US87-0712481
1,557 SF 0.06 ac lot Built 1937
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1937
Construction TYPE NOT SPECIFIED
Total area 1,557 SF
Lot 0.06 ac (2,800 SF)
Zoning code M-1 LIGHT INDUSTRIAL
APN N-000-1718-014
UPID US87-0712481

Cap rate & NOI

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

Location

1616 Smt Ave Richmond, VA 23230-4514
Richmond metro Census 40202 RICHMOND, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2020
Last sale
$500,000
3 recorded transactions
2025
Price N/A
2020
$500,000
1969
Price N/A

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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