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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Office buildings
2222 Monument Ave Richmond, VA 23220-2724
Entity Owned
~
Est. High Equity
Property ID
US87-0611027
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1910
Construction
TYPE NOT SPECIFIED
Total area
6,254 SF
Lot
0.13 ac (5,850 SF)
Zoning code
R-6 SINGLE FAMILY ATTACHE
APN
W-000-1008-030
UPID
US87-0611027
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
-
Catlett, Dillon, & Piper, PLLC Law Firm Child Welfare Organization
-
Dennis J Whelan PC Law Firm
-
Norman Sanford B Law Firm
-
SAARA of Virginia Charitable Organization Social Service Agency
-
Harney & Associates Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$660k
Blend (final)
Blend
$935k
Owner & transaction history
Tbk Properties LLC
Tbk Properties LLC
since 2026
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
R-6 SINGLE FAMILY ATTACHE · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $1.20M (Feb 2 2026)
Last sale anchor
$1.20M
Feb 2 2026
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
$150 / 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
$1,495,000
Assessed 2024
Previous assessed
$1,474,000
+1.4% YoY
Effective rate
0.00%
On assessed value
Assessed land
$780,000
Assessed improvement
$715,000
Land market value
$780,000
Improvement market value
$715,000
Total market value
$1,495,000
Applied tax rate
2.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1910
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
YES
Stories
3
Rooms
22
Bathrooms
4
Total area
6,254 SF
Lot
0.13 ac (5,850 SF)
Zoning code
R-6 SINGLE FAMILY ATTACHE
APN
W-000-1008-030
UPID
US87-0611027
Jurisdiction
RICHMOND CITY
Zoning & alternative use
R-6 SINGLE FAMILY ATTACHE · Richmond, VA
Zoning R-6 SINGLE FAMILY ATTACHE · permitted uses
R-6 SINGLE FAMILY ATTACHE · 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.
Building & site characteristics
From public records
Year built
1910
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
3
Rooms
22
Bathrooms
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
Tbk Properties LLC
Entity
Mailing address
2711 BUFORD RD #331, NORTH CHESTERFIELD, VA 23235-2423
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
$1,200,000
Tbk Properties LLC
Dmm Weaver LLC
Deed
$900,000 · Virginia Cu INC
Jul 16, 2021
—
Capital City Properties LLC
—
Deed
related
$350,000 · W Harold Talley 1 LLC
Oct 25, 2019
$240,000
Capital City Props LLC
Gloria E Mcclain
Warranty Deed
related
$325,000 · Private Individual
Mar 16, 2018
$1,200,000
Dmm Weaver LLC
Larry D Catlett
Warranty Deed
$900,000 · Private Individual
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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