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Property profile & analytics
OFF-MARKET
Office buildings

2719 Chamberlayne Ave Richmond, VA 23222-3503

2,030 SF 0.23 ac lot Built 1925
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US87-0288244
Property summary
AI-generated overview

This newly renovated, vacant commercial property at 2719 Chamberlayne Ave, Richmond, VA 23222, presents a unique owner-user opportunity. The 2,410 square foot building, constructed in 1925 and situated on a 0.234-acre lot (APN N0000691038), boasts a flexible B-2 zoning designation. Permitted uses include, but are not limited to, daycare facilities (both child and adult), office space (creative and traditional), retail, church space, and contractor operations. The property features premium finishes throughout, including a fully equipped kitchen with stainless steel appliances and granite countertops. A significant advantage is the inclusion of a detached two-car garage, adding 380 square feet of usable space. The large backyard is enclosed by new fencing. This highly visible location in Richmond's rapidly developing Northside offers exceptional potential for a variety of businesses seeking a prime location. The two-story building offers ample space for a variety of uses. This is an ideal investment for an owner-occupant seeking a move-in ready space or an investor looking for a strong return in a thriving area. The property is currently vacant and ready for immediate occupancy.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1925
Construction WOOD
Total area 2,030 SF
Lot 0.23 ac (10,184 SF)
Zoning code B-2 COMMUNITY BUSINESS
APN N-000-0691-038
UPID US87-0288244
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
III John 2 Properties LLC
III John 2 Properties LLC
since 2025
Last sale
$350,000
3 recorded transactions
2025
$350,000
2023
Price N/A
2021
$226,425
Zoning & alternative use
B-2 COMMUNITY BUSINESS · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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