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Property profile

1668 31st St Richmond, VA 23223

OFF-MARKET
Commercial land
Property ID
US87-1324996
830 SF 0.06 ac lot Built 1940
Last sale Sep 2021 · $46,750
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 2,811-square-foot lot zoned B-2 Commercial, located at 1668 North 31st Street in Richmond’s Woodville neighborhood within the Church Hill area. It has road frontage on North 31st Street and is described as having road visibility, with development potential consistent with its commercial zoning. The adjacent area includes new residential construction off Nine Mile Road, and the location provides convenient access to Downtown Richmond and Interstate 64. Nearby bike and…

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$15k
Assessed land$15k
Effective rate0.13%

Value estimate

· Oct 2026
$55k
$50k – $61k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$93 – $180
Qualifying comparables8

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?
B-2 COMMUNITY BUSINESS
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.1
Realty agency20.8
Spa & Massage16.0

Location

1668 31st St Richmond, VA 23223-5405
County assessor Recorded deeds · 4 transfers 8 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1020 Oakwood, Richmond, VA 23223-7744 $75,000 Mar 2024 2,376 SF
2401 Mechanicsville, Richmond, VA 23223-2327 $2,100,000 Sep 2022 2,148 SF
1621 28th, Richmond, VA 23223-5315 $97,685 May 2022 2,880 SF
1400 27th, Richmond, VA 23223-5308 $69,000 Apr 2021 3,150 SF
4000 Government, Richmond, VA 23223-8130 $142,000 Apr 2020 1,895 SF
2820 9th Mile, Richmond, VA 23223-5356 $27,000 Apr 2020 1,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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