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Financial
Distress signals
Property profile

2506 Main St Richmond, VA 23223

OFF-MARKET
Auto shops
Property ID
US87-1299082
480 SF 0.15 ac lot Built 1928
Last sale Jun 2025
Individually Owned Owner of record is an individual. 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 0.75-acre commercial land parcel presents a unique redevelopment opportunity in Richmond, Virginia's vibrant Shockoe Bottom submarket. Located at 2506 E Main St, the property is zoned M-1 LIGHT, offering flexibility for a variety of commercial and retail uses. The site's prominent location within the Richmond City submarket cluster ensures high visibility and accessibility. The property's APN is E-000-0388-013. This single-tenancy land parcel is ideal for developers seeking…

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$374k
Assessed land$360k
Assessed improvement$14k
Effective rate0.01%

Value estimate

· Oct 2026
$240k
$216k – $264k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$182/SF
Submarket average, outlier-cleaned · 110 recorded sales of this use type
Observed band · Q1–Q3$90 – $342

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?
M-1 LIGHT INDUSTRIAL
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.8
Laundromat8.8
Laundry Service8.7

Location

2506 Main St Richmond, VA 23223
County assessor Recorded deeds · 5 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6105 9th Mile, Richmond, VA 23223-3538 $250,000 Aug 2024 2,048 SF
1606 Mechanicsville, Richmond, VA 23223-3958 $1,200,000 Jul 2024 1,336 SF
2018 Broad, Richmond, VA 23223-7026 $1,650,000 Nov 2023 1,039 SF
3016 Peebles, Richmond, VA 23223-7936 $700,000 Oct 2023 2,400 SF
6107 9th Mile, Richmond, VA 23223-3538 $325,000 Jun 2023 4,151 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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