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Financial
Distress signals
Property profile

219 Grace St Richmond, VA 23219

OFF-MARKET
Investment properties
Property ID
US87-3636468
2,923 SF 0.04 ac lot Built 1915
Last sale Jun 2025 · $315,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 219 Grace Street in Richmond, Virginia's vibrant Shockoe Bottom neighborhood, presents a unique investment opportunity. Currently configured as a six-unit group home, the property's flexible mixed-use zoning allows for a wide range of potential uses, catering to diverse business ventures. The building's existing layout offers immediate income potential, while the zoning flexibility opens doors to creative redevelopment and expansion. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$424k
Assessed land$122k
Assessed improvement$302k
Effective rate0.00%

Value estimate

· Oct 2026
$340k
$306k – $374k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$64 – $160
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-4 CENTRAL BUSINESS
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.8
Tailor Shop9.8
Locksmith9.1

Location

219 Grace St Richmond, VA 23219-1957
County assessor Recorded deeds · 7 transfers 10 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
108 7th, Richmond, VA 23219-2304 $570,000 May 2025 2,912 SF
19 Main, Richmond, VA 23219-2109 $608,000 Apr 2025 2,380 SF
3 17th, Richmond, VA 23219-3607 $693,205 Feb 2025 3,058 SF
200 Main, Richmond, VA 23219-3715 $635,000 May 2022 3,600 SF
407 1st, Richmond, VA 23219-1701 $600,000 Feb 2022 3,057 SF
304 Main, Richmond, VA 23219-3820 $245,000 Jul 2021 2,944 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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