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Property profile & analytics
OFF-MARKET
Estimated value
$4,975,000
Retail residential properties
2101 Main St Richmond, VA 23223-7050
Entity Owned
9-yr Hold
Free & Clear
Property ID
US87-3986994
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1889
Construction
TYPE NOT SPECIFIED
Total area
29,801 SF
Lot
0.35 ac (15,124 SF)
Zoning code
B-5 CENTRAL BUSINESS
APN
E-000-0227-004
UPID
US87-3986994
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Sidewalk Cafe Restaurant
-
Indoor Football League Sports School Gym & Fitness Center
-
Glave & Holmes Architecture Architect
-
Haxall View Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.73M
Comparable Approach
Comparable
$5.35M
Blend (final)
Blend
$4.98M
Owner & transaction history
Wolf Haxall LLC · 9 yrs held
Wolf Haxall LLC
since 2017
6 recorded transactions
Zoning & alternative use
B-5 CENTRAL BUSINESS · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.4M
+52.1%
Medical building
$5.0M
+39.1%
Neighborhood: shopping center
$4.9M
+37.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,200,000
6.5%
$5,725,000
7%
$5,315,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,570,000
Current use
AUTO REPAIR, GARAGE
$5,430,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$4,965,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,895,000
Change: +37% · Conversion: Difficult
OFFICE BUILDING
$4,405,000
Change: +23% · Conversion: Easy
RETAIL STORES
$4,295,000
Change: +20% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,070,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$4.98M
Range $4.48M – $5.47M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$167 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$20
Tax year 2020
Assessed value
$5,566,000
Assessed 2024
Previous assessed
$5,566,000
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$1,070,000
Assessed improvement
$4,496,000
Land market value
$1,070,000
Improvement market value
$4,496,000
Total market value
$5,566,000
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1889
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
YES
Stories
2
Units
12
Total area
29,801 SF
Lot
0.35 ac (15,124 SF)
Zoning code
B-5 CENTRAL BUSINESS
APN
E-000-0227-004
UPID
US87-3986994
Jurisdiction
RICHMOND CITY
Zoning & alternative use
B-5 CENTRAL BUSINESS · Richmond, VA
Zoning B-5 CENTRAL BUSINESS · permitted uses
B-5 CENTRAL BUSINESS · Richmond, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.4M
RETAIL STORES
Est. value
$4.3M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1889
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
2
Units
12
Lot
0.35 ac
Current owner
From public records · entity-resolved
Wolf Haxall LLC
Entity
Free & Clear · 9 yrs held
Mailing address
25201 CHAGRIN BLVD STE #380, BEACHWOOD, OH 44122-5633
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2017
$10,500,000
Wolf Haxall LLC
Haxall View LLC
Grant Deed
related
—
Feb 11, 2016
—
Haxall View LLC
—
Grant Deed
related
$7,065,000 · Citizens & Farmers Bk
Dec 13, 2005
$888,000
Haxall View
Mary E Gooch
Warranty Deed
$1,100,000 · Village Bank
—
—
Haxall View LLC
—
Deed Of Trust
related
$6,500,000 · Stellarone Bk
—
—
Haxall View LLC
—
Loan Modification
related
$7,050,000 · Union First Market Bk
—
—
Haxall View LLC
—
Loan Modification
related
$7,760,000 · Citizens & Farmers Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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