Financial
Distress signals
Property profile

2221 Edward Holland Dr Richmond, VA 23230

FOR LEASE
Office buildings
Property ID
US87-0731892
206,253 SF 12.62 ac lot Built 1990
Last sale Oct 2025 · $13,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A six-story Class A suburban office building containing 192,807 square feet, constructed in 1990 with building systems renovated in 2009. The exterior provides surface parking at approximately 5.2 spaces per 1,000 square feet and includes exterior building signage suitable for large users. Building amenities include a refreshment lounge, a loading dock, and a covered exterior patio. The property is located off Staples Mill Road, about 0.5 miles from the I-64/Staples Mill interchange, with

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$192k
Tax billed · 2023
Assessed value · 2024$22.61M
Assessed land$2.34M
Assessed improvement$20.27M
Effective rate0.85%

Value estimate

· Sep 2026
$11.41M
$10.27M – $12.55M
Submarket $/SF estimate$8.47M
NOI build-up
Gross scheduled income$122k
Vacancy & credit loss−$19k
Operating expenses−$26k
NOI · 316,367.35% cap applied$78k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$136/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$75 – $197

Cap rate analysis

How does the asset earn?
316,367.35%
$78k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M-1
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 distri...
General categoryINDUSTRIAL
JurisdictionHENRICO

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store11.9
Hotel & Motel10.4
Barber Shop10.1

Location

2221 Edward Holland Dr Richmond, VA 23230
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6630 Broad, Richmond, VA 23230-1702 $8,785,000 Dec 2025 131,250 SF
6604 Broad, Richmond, VA 23230-1702 $8,785,000 Dec 2025 80,400 SF
6610 Broad, Richmond, VA 23230-1702 $23,750,000 Dec 2025 152,000 SF
2015 Staples Ml, Richmond, VA 23230-3108 $66,172,500 Feb 2024 254,997 SF
5008 Monument, Richmond, VA 23230-3663 $3,000,000 Mar 2022 22,334 SF
5101 Monument, Richmond, VA 23230-3621 $2,178,000 Dec 2021 21,708 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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