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Property summary
This exceptional Class A office building, located at 306 E Main Street in Richmond, Virginia, presents a unique investment opportunity. The 7,500 square foot property, situated in the Enterprise Zone, boasts a desirable multi-tenancy setup, perfect for generating strong rental income. The building, a two-story painted brick structure, underwent a complete renovation in 2016, including a new roof with a 20-year warranty. The interior features exposed brick, hardwood floors, and other high-end… finishes ideal for creative office spaces. The building also includes a finished basement, providing additional usable space, and a rooftop deck offering stunning city views. The asking price is $1,400,000, translating to a price per square foot of $186.67. The property is listed as a Net-Net-Net (NNN) lease, meaning tenants are responsible for property taxes, insurance, and maintenance. This prime location in Downtown Richmond, with its vibrant atmosphere and convenient access to amenities, ensures strong tenant demand and long-term investment potential. The zip code is 23219.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,705 SF
- Lot area
- 0.13 ac
- Year built
- 1915
- Stories
- 2
- APN
- W-000-0034-022
- Zoning
- B-4 CENTRAL BUSINESS
- Assessed value · 2024
- $767,000
- Annual tax · 2020
- $20
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2020
- $20
- Selected cap rate
- Neighborhood: Shopping Center
- Apartment House (5+ Units)
- Office Building · current use
- Retail Stores
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Richmond market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
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- Value Estimation
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- Alternative use
- Local Zoning Insight
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