Realmo Analytics

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

Property profile

2703 Commerce Rd Richmond, VA 23234

OFF-MARKET
Distribution centers
Property ID
US87-1192143
154,035 SF 75.49 ac lot Built 2022
Last sale Nov 2022 · $127,737
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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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$128.30M
Assessed land$7.84M
Assessed improvement$120.46M
Effective rate0.00%

Value estimate

· Nov 2026
$16.77M
$15.09M – $18.44M
CAP approach$22.51M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
Submarket average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$48 – $182

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?
MULTIPLE ZONING
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.0
Law Firm12.4
Building Supply11.6

Location

2703 Commerce Rd Richmond, VA 23234-1807
County assessor Recorded deeds · 6 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4701 Commerce, Richmond, VA 23234-2206 $97,500,000 Apr 2025 462,732 SF
2900 Bells, Richmond, VA 23234-1606 $775,000 Apr 2024 4,060 SF
4204 Castlewood, Richmond, VA 23234 $750,000 Jun 2023 12,100 SF
3609 Belt, Richmond, VA 23234-1522 $2,000,000 Oct 2021 16,490 SF
4115 Old Hopkins, Richmond, VA 23234-3064 $550,000 Jun 2019 9,405 SF
2903 Walmsley, North Chesterfield, VA 23234-2516 $7,150,000 Feb 2019 174,000 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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