Technical
Financial
Distress signals
Property profile

2820 Cary St Richmond, VA 23221

OFF-MARKET
Retail space
Property ID
US87-0118472
5,920 SF 0.13 ac lot Built 1935
Entity Owned 20-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1935
Construction TYPE NOT SPECIFIED
Total area 5,920 SF
Lot 0.13 ac (5,494 SF)
Zoning code UB-PO2 PARKING OVERLAY
APN W-000-1243-030
UPID US87-0118472

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
  • Hair Salon Nail Salon
  • Restaurant
  • Specialty Food Shop Candy Store
  • (Bike/Boat/Book/etc) Store Florist
  • Specialty Food Shop Farmer's Market

Location

2820 Cary St Richmond, VA 23221-3550
Richmond metro Census 40900 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$995k
Comparable Approach Comparable
$766k
Blend (final) Blend
$795k

Owner & transaction history

since 2005
7 recorded transactions
2022
Price N/A
2018
Price N/A
2005
$1.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

UB-PO2 PARKING OVERLAY · Richmond, VA
Top alternative use upside
Auto repair, garage $1.1M +26.4%
Medical building $985,000 +15.6%
Neighborhood: shopping center $975,000 +14.0%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2820 Cary St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message