Property summary
This 1,305 square foot retail space, built in 1955 and completely renovated in 2023, presents a fantastic opportunity for a mechanic shop or similar business. Located on a hard corner at 1802 Richey Street, the property boasts excellent visibility and ample parking. The single-story building features two bays and a dedicated office space, providing a functional layout for various automotive-related businesses. Recent improvements include a brand new roof and updated plumbing systems, ensuring low maintenance costs for the new owner. The property's strategic location on Richey Street, near Blueridge Avenue, offers convenient access for customers and employees. A significant advantage is the availability of vacant land behind the building, offering potential for expansion or additional parking, subject to separate lease agreement. This turnkey operation is ready for immediate occupancy and represents a compelling investment opportunity in a high-traffic area. The property is a single-tenant space, offering simplicity and control. Don't miss this chance to acquire a well-maintained, updated commercial property with significant growth potential.
Property profile
VerifiedCap rate & NOI
Current use
-
Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight