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Financial
Distress signals
Property profile

2000 Lamb Ave Richmond, VA 23222

FOR SALE
Other apartment buildings
Property ID
US87-0726776
5,692 SF 0.24 ac lot Built 1969
Last sale Jul 2026 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

2000 Lamb Avenue is a multifamily residential property in Richmond containing eight apartment units. The building has completed substantial exterior and interior capital improvements, including full renovations of six of the eight units, exterior painting, selective window replacement as needed, and paving of the rear parking lot. The renovated units feature updated kitchen and bathroom finishes and include in-unit washer and dryer hookups (or installed units). The remaining two units are not…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$464k
Assessed land$53k
Assessed improvement$411k
Effective rate0.00%

Value estimate

· Oct 2026
$715k
$644k – $787k
AI approach$560k
CAP approach$1.09M
Submarket $/SF estimate$829k
NOI build-up
Gross scheduled income$135k
Vacancy & credit loss−$7k
Operating expenses−$58k
NOI · 5.90% cap applied$71k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$161/SF
Submarket average, outlier-cleaned · 177 recorded sales of this use type
Observed band · Q1–Q3$84 – $294
Qualifying comparables7

Cap rate analysis

How does the asset earn?
5.90%
$71k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-53 MULTI FAMILY
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.6
Realty agency10.3
HVAC Service10.3

Location

2000 Lamb Ave Richmond, VA 23222
County assessor Recorded deeds · 7 transfers 7 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4301 Nn, Richmond, VA 23222-1000 $2,290,000 Jul 2025 20,462 SF
2910 Chamberlayne, Richmond, VA 23222-3554 $1,100,000 Sep 2024 6,160 SF
409 Fritz, Richmond, VA 23222-5304 $5,440,000 Dec 2022 7,542 SF
2301 Barton, Richmond, VA 23222-4425 $225,000 Mar 2022 4,432 SF
2400 Barton, Richmond, VA 23222-4433 $1,620,000 Mar 2022 18,972 SF
2914 Chamberlayne, Richmond, VA 23222-3555 $397,152 Jul 2020 6,480 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
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