Technical
Financial
Distress signals
Property profile

1638 Grace St Richmond, VA 23220

OFF-MARKET
Assisted living facilities
Property ID
US87-0794181
3,516 SF 0.09 ac lot Built 1996
Individually Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1996
Construction TYPE NOT SPECIFIED
Total area 3,516 SF
Lot 0.09 ac (3,920 SF)
Zoning code R-48 MULTI FAMILY
APN W-000-0736-059
UPID US87-0794181

Cap rate & NOI

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

Location

1638 Grace St Richmond, VA 23220-2103
Richmond metro Census 40400 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
$235k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2007
Price N/A
1969
Price N/A

Zoning & alternative use

R-48 MULTI FAMILY · 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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