Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2523 W Main St Richmond, VA 23220

FOR SALE
Investment properties
Property ID
US87-1284944
2,394 SF 0.07 ac lot Built 1920
Last sale Feb 2023 · $625,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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$551k
Assessed land$243k
Assessed improvement$308k
Effective rate0.00%

Value estimate

· Nov 2026
$490k
$441k – $539k
AI approach$505k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI · 4.01% cap applied$31k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$184/SF
ZIP average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$131 – $314
Qualifying comparables12

Cap rate analysis

How does the asset earn?
4.01%
$31k 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?
URBAN BUSINESS
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.7
Storage Facility9.6
Dry Cleaner9.3

Location

2523 W Main St Richmond, VA 23220
County assessor Recorded deeds · 5 transfers 12 qualifying comp sales 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
405 Strawberry, Richmond, VA 23220-3421 $1,216,000 Jul 2025 2,497 SF
404 Robinson, Richmond, VA 23220-3324 $855,000 Jul 2025 2,589 SF
402 Robinson, Richmond, VA 23220-3324 $855,000 Jul 2025 2,858 SF
215 Clay, Richmond, VA 23220-3914 $800,000 Oct 2024 2,548 SF
109 Robinson, Richmond, VA 23220 $545,000 Dec 2023 2,260 SF
320 Brk, Richmond, VA 23220-4225 $550,000 Nov 2023 2,322 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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