Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Investment properties
305 Brookland Park Blvd Richmond, VA 23222-2603
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US87-3952136
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1922
Construction
TYPE NOT SPECIFIED
Total area
4,354 SF
Lot
0.09 ac (3,899 SF)
Zoning code
UB-PO5 PARKING OVERLAY
APN
N-000-0885-026
UPID
US87-3952136
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
Current use
Occupant on record · Public records
-
Brookland Park Kitchen Restaurant
-
Brookland Park Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
$835k
Comparable Approach
Comparable
$512k
Blend (final)
Blend
$675k
Owner & transaction history
305 W Brookland LLC · 5 yrs held
305 W Brookland LLC
since 2021
Last sale
$755,000
6 recorded transactions
Zoning & alternative use
UB-PO5 PARKING OVERLAY · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$795,000
+15.4%
Medical building
$725,000
+5.5%
Neighborhood: shopping center
$715,000
+4.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$565,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
$905,000
6.5%
$835,000
7%
$775,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$685,000
Current use
AUTO REPAIR, GARAGE
$795,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$725,000
Change: +6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$715,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$645,000
Change: -6% · Conversion: Easy
RETAIL STORES
$625,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $755k (May 21 2021)
Last sale anchor
$755k
May 21 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$155 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$20
Tax year 2020
Assessed value
$689,000
Assessed 2024
Previous assessed
$690,000
-0.1% YoY
Effective rate
0.00%
On assessed value
Assessed land
$59,000
Assessed improvement
$630,000
Land market value
$59,000
Improvement market value
$630,000
Total market value
$689,000
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1922
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
2
Rooms
6
Bathrooms
3
Total area
4,354 SF
Lot
0.09 ac (3,899 SF)
Zoning code
UB-PO5 PARKING OVERLAY
APN
N-000-0885-026
UPID
US87-3952136
Jurisdiction
RICHMOND CITY
Zoning & alternative use
UB-PO5 PARKING OVERLAY · Richmond, VA
Zoning UB-PO5 PARKING OVERLAY · permitted uses
UB-PO5 PARKING OVERLAY · Richmond, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$795,000
MEDICAL BUILDING
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$715,000
OFFICE BUILDING
Est. value
$645,000
RETAIL STORES
Est. value
$625,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1922
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
2
Rooms
6
Bathrooms
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
305 W Brookland LLC
Entity
Mailing address
3005 MONTROSE AVE, RICHMOND, VA 23222-2509
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
$755,000
305 W Brookland LLC
Brookland Partners LLC
Warranty Deed
$641,750 · First Community Bank NA
May 12, 2016
$266,000
Brookland Partners LLC
Ferramosca,paul I
Grant Deed
—
May 6, 2009
—
Ferramosca,paul I
Ferramosca,paul I & Lisa B
Quit Claim Deed
related
—
Apr 12, 2006
$113,000
Ferramosca,paul I & Lisa
Dalton,agnes J
Grant Deed
—
—
—
Brookland Partners LLC
—
Loan Modification
related
$500,000 · Park Sterling Bk
—
—
Paul I Feramosca
—
Deed Of Trust
related
$64,420 · Anita L Salomonsky
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 305 Brookland Park Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
