205 Broad St Richmond, VA 23219-1735
- Retail residential properties
- 15,084 SF
- 0.12 lot acres
Current Use by Public Records
- Storefront for Community Design / Charitable Organization / Social Service Agency
- Randolph Neighborhood Association / Association / Organization
- Recovery By Design / Medical Clinic
- Middle of Broad / Department Store
Property Details for 205 Broad St
- Year built
- 1910
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.12 lot acres
- Property size
- 15,084 SF
- Zone code
- B-4 CENTRAL BUSINESS
- Property type
- Retail residential properties
- APN
- W-000-0049-002
- APU
- W0000049002
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,140,000
- 6.5%
- $2,900,000
- 7%
- $2,690,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,138,000
Market price range: $963k - $2.42M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,780,000 Current use
- AUTO REPAIR, GARAGE
- $2,745,000 Change: +55% Conversion: Difficult
- MEDICAL BUILDING
- $2,515,000 Change: +41% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $2,480,000 Change: +39% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,425,000 Change: +36% Conversion: Moderate
- OFFICE BUILDING
- $2,230,000 Change: +25% Conversion: Easy
- RETAIL STORES
- $2,175,000 Change: +22% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.4402
- Latitude
- 37.5442
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA