Technical
Financial
Distress signals
Property profile

1643 Commerce Rd Richmond, VA 23224

OFF-MARKET
Auto shops
Property ID
US87-0609162
2,832 SF 0.82 ac lot Built 1978
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1978
Total area 2,832 SF
Lot 0.82 ac (35,719 SF)
Zoning code M-1 LIGHT INDUSTRIAL
APN S-007-1237-005
UPID US87-0609162

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
  • Gas Station
  • Gas Station

Location

1643 Commerce Rd Richmond, VA 23224
Richmond metro Census 60700 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.72M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.69M

Owner & transaction history

since 2022
Last sale
$3.1M
2 recorded transactions
2022
$3.1M
2018
$172,625

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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