Technical
Financial
Distress signals
Property profile

2115 Spencer Rd Richmond, VA 23230

OFF-MARKET
Industrial properties
Property ID
US87-0069786
3,186 SF 0.21 ac lot Built 1971
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1971
Total area 3,186 SF
Lot 0.21 ac (9,278 SF)
Zoning code M-1
APN 772-740-3114
UPID US87-0069786

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Interior Design Home Decor Store
  • Corporate Office

Location

2115 Spencer Rd Richmond, VA 23230-2657
Richmond metro Census 200501 RICHMOND, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2015
1 recorded transaction
2015
$263,000

Zoning & alternative use

M-1 · Richmond, VA
Zoning description

Screening regulations in the M-1 Light Industrial District shall be as follows: (1) Where a side lot line abuts a property in an R district, there shall be a continuous evergreen vegetative screen or opaque structural fe…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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