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Financial
Distress signals
Property profile

306 Libbie Ave Richmond, VA 23226

OFF-MARKET
Turn key restaurants
Property ID
US87-0911026
2,161 SF 0.19 ac lot Built 1922
Last sale Aug 2025 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,160 square foot restaurant located at 306 Libbie Avenue in Richmond, Virginia, is offered for sale at $1,650,000. Currently operating at 100% occupancy, the property boasts a highly desirable location in the heart of Richmond's premier boutique shopping and dining district. The lease is in place until April 2026, with an option to extend through 2031, providing excellent long-term stability for the investor. The property includes off-street parking, a significant advantage…

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$1.15M
Assessed land$961k
Assessed improvement$191k
Effective rate0.00%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$281/SF
Submarket average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$126 – $470

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?
UB-PO1 PARKING OVERLAY
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.1
HVAC Service12.3
Auto Repair Shop12.1

Location

306 Libbie Ave Richmond, VA 23226-2614
County assessor Recorded deeds · 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5605 Grv, Richmond, VA 23226-2101 $10,922 May 2025 2,716 SF
7100 3rd Chopt, Richmond, VA 23226-3615 $645,606 Mar 2025 1,721 SF
5705 Grv, Richmond, VA 23226-2345 $6,300,000 Mar 2023 2,358 SF
6401 Horsepen, Richmond, VA 23226-2905 $725,000 Sep 2022 2,556 SF
6312 Rigsby, Richmond, VA 23226-2915 $228,000 May 2022 1,576 SF
4913 Grv, Richmond, VA 23226 $625,000 Jan 2020 1,980 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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