Property profile

251 Ladies Mile Rd Richmond, VA 23222

OFF-MARKET
Apartment buildings
Property ID
US87-3967093
5,590 SF 0.21 ac lot Built 1964
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1964
Construction CONCRETE
Total area 5,590 SF
Lot 0.21 ac (8,999 SF)
Zoning code R-48 MULTI FAMILY
APN N-000-1552-033
UPID US87-3967093

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church Mosque

Location

251 Ladies Mile Rd Richmond, VA 23222-2045
Richmond metro Census 10700 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$580k

Owner & transaction history

Zoning & alternative use

R-48 MULTI FAMILY · Richmond, VA
Top alternative use upside
Medical building $930,000 +3.6%
Neighborhood: shopping center $920,000 +2.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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