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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2026 Dabney Rd Ste A Richmond, VA 23230-3347

    • Industrial properties
    • 4,051 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimations
    $305,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-2695884
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • BoxDrop Mattress RVA (Richmond, VA) / Bed Shop / Service Establishment
    • IDN-Armstrong's / Wholesaler
    • Pharmacy Transformation / Store
    • Pharmacy Reinvented / Pharmacy

    Property Details for 2026 Dabney Rd Ste A

    Year built
    1988
    Lot size
    0.09 lot acres
    Property size
    4,051 SF
    Zone code
    M-3
    Property type
    Industrial properties
    APN
    777-735-5361.012
    APU
    7777355361012

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $240,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $430,000
      6.5%
      $395,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $294,000
      Market price range: $241k - $653k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Henrico
    State
    Virginia
    Longitude
    -77.4834
    Latitude
    37.5782
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,346
    $55,000
    $336,300
    $391,300
    -
    $55,000
    $336,300
    $391,300

    Comparable in this City

    • Value Estimation
      $255,000
      51,593 SF

      2007 Hamilton St

      HEAVY INDUSTRIAL • 51,593 SF
      2007 Hamilton St, Richmond, VA 23230-4103
      View Details
    • Value Estimation
      $515,000
      59,088 SF

      1807 Blvd W Blvd

      HEAVY INDUSTRIAL • 59,088 SF
      1807 Blvd W Blvd, Richmond, VA 23230-4325
      View Details
    • Value Estimation
      $205,000
      15,500 SF

      3309 Marshall St

      INDUSTRIAL (GENERAL) • 15,500 SF
      3309 Marshall St, Richmond, VA 23230-4613
      View Details
    • Value Estimation
      $360,000
      19,925 SF

      2109 Westmoreland St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 19,925 SF
      2109 Westmoreland St, Richmond, VA 23230-3229
      View Details
    • Value Estimation
      $1,335,000
      18,509 SF

      1919 Westmoreland St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 18,509 SF
      1919 Westmoreland St, Richmond, VA 23230-3225
      View Details
    • Value Estimation
      $560,000
      43,635 SF

      2130 Tomlynn St

      INDUSTRIAL (GENERAL) • 43,635 SF
      2130 Tomlynn St, Richmond, VA 23230-3338
      View Details

    Similar Nearby for Sale

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    • $2,300,000
      20,000 SF

      20,000 SF Flex/Industrial Space

      20,000 SF flex/industrial space in Richmond, Virginia for sale.
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    • $650,000
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      Richmond Development Land - 1.2 Acres

      Prime B-3 zoned land, near I-64 & W. Broad.
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    Similar Nearby for Lease

    • $12 SF/Yr
      8,400 SF

      Industrial Space Available for Lease

      Industrial property with 8,400 square feet available for lease.
      2277 Dabney Rd, Richmond, VA 23230
      View Details
    • Contact for pricing
      11,215 SF

      Warehouse with Fenced Yard

      Warehouse buildings with truck dock, drive-in loading, and fenced yard.
      5005 W Leigh St, Richmond, VA 23230
      View Details
    • Contact for pricing
      67,650 SF

      Warehouse Space with Overhead Cranes

      Warehouse space with convenient highway access and overhead cranes.
      2031 Westwood Ave, Richmond, VA 23230
      View Details
    • Contact for pricing
      10,279 SF

      Freestanding Flex/Office Space Available

      Centrally located flex/office space with fenced yard for rent.
      1921-1925 Westmoreland St, Richmond, VA 23230
      View Details
    • Contact for pricing
      10,855 SF

      Office and Warehouse Space Available

      Office and warehouse space for lease in central location.
      1900 Ellen Rd, Richmond, VA 23230
      View Details
    • Contact for pricing
      9,608 SF

      Warehouse Space in Scott’s Addition

      9,608 SF warehouse with immediate highway access in Richmond.
      3405 Carlton St, Richmond, VA 23230
      View Details
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    2026 Dabney Rd Ste A
    Richmond, VA 23230-3347
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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