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    Property profile & analytics

    2500 Distribution Dr Henrico, VA 23231-5402

    • Warehouses
    • 115,920 SF
    • 8.49 lot acres
    OFF-MARKET
    Value Estimation
    $10,965,000
    Last Sale
    Apr 01, 2021
    $10,355,000
    Location Intelligence
    Property ID
    US87-2934018
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Richmond Graham LLC / Cabinet Maker
    • US Logistics Solutions, Inc. / Logistics Service
    • Forward Air Inc / Freight Forwarding Service / Logistics

    Property Details for 2500 Distribution Dr

    Year built
    2008
    Lot size
    8.49 lot acres
    Property size
    115,920 SF
    Zone code
    M-1C
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    814-700-7206
    APU
    8147007206

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,905,000

    • CAP approach

      CAP return
      Estimation
      6%
      $10,640,000
      6.5%
      $9,930,000
      7%
      $11,015,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $10,340,000
      Geo Method
      $9,775,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $10,130,000
      Retail
      $10,110,000
      Mixed-Use
      $12,085,000
      Hospitality
      $12,150,000
      Educational
      $10,355,000
      Residential Income
      $10,980,000
      Energy
      $11,890,000
      Income-Based Land
      $11,790,000
      Food Service
      $9,920,000

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.3565
    Latitude
    37.4793
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $72,332
    $679,200
    $7,460,400
    $8,139,600
    -
    $679,200
    $7,460,400
    $8,139,600

    Comparable in this City

    • Value Estimation by Request
      446,500 SF

      953 Airport Dr

      MINI-WAREHOUSE, STORAGE • 446,500 SF
      953 Airport Dr, Henrico, VA 23231-6100
      View Details
    • Value Estimation by Request
      62,509 SF

      3801 Williamsburg Rd

      MINI-WAREHOUSE, STORAGE • 62,509 SF
      3801 Williamsburg Rd, Henrico, VA 23231-2621
      View Details
    • Value Estimation by Request
      53,460 SF

      2250 Charles City Rd

      MINI-WAREHOUSE, STORAGE • 53,460 SF
      2250 Charles City Rd, Henrico, VA 23231-4341
      View Details
    • Value Estimation by Request
      202,560 SF

      2600 Distribution Dr

      MINI-WAREHOUSE, STORAGE • 202,560 SF
      2600 Distribution Dr, Henrico, VA 23231-5410
      View Details
    • Value Estimation by Request
      47,903 SF

      4500 Oakleys Ln

      MINI-WAREHOUSE, STORAGE • 47,903 SF
      4500 Oakleys Ln, Henrico, VA 23231-2912
      View Details
    • Value Estimation by Request
      28,725 SF

      5109 Gln Alden Dr

      MINI-WAREHOUSE, STORAGE • 28,725 SF
      5109 Gln Alden Dr, Henrico, VA 23231-4318
      View Details

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    Similar Nearby for Lease

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      583,100 SF

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      583,100 SF Class A distribution facility with 2025 delivery.
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      View Details
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    Henrico, VA 23231-5402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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