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Financial
Distress signals
Property profile

3062 Hull St Richmond, VA 23224

FOR SALE
Retail space
Property ID
US87-0102515
7,986 SF 0.36 ac lot Built 1900
Last sale Aug 2026 · $440,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This downtown Richmond, Virginia retail space contains nearly 8,000 square feet and has a flexible interior layout with multiple sections. It was configured for take-out seafood restaurant use (previously operating as Seafarm) and includes ample on-site parking, supporting a range of retail or food-service style configurations. The property is positioned for access to downtown amenities, with a bike score of 67, a walk score of 61, and a transit score of 45.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$325k
Assessed land$136k
Assessed improvement$189k
Effective rate0.01%

Value estimate

· Oct 2026
$235k
$212k – $259k
AI approach$235k
NOI build-up
Gross scheduled income$136k
Vacancy & credit loss−$12k
Operating expenses−$37k
NOI · 17.79% cap applied$87k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$40 – $102
Qualifying comparables3

Cap rate analysis

How does the asset earn?
17.79%
$87k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3 GENERAL BUSINESS
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.6
Realty agency16.2
Dental Office10.8

Location

3062 Hull St Richmond, VA 23224
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales 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
7 16th, Richmond, VA 23224-3853 $950,000 Jun 2025 8,395 SF
5304 Hull St, Richmond, VA 23224-2453 $225,000 Apr 2025 5,000 SF
1427 Hull, Richmond, VA 23224-3922 $485,000 May 2024 7,500 SF
6 Cowardin, Richmond, VA 23224 $1,112,400 May 2024 8,052 SF
1125 Hull, Richmond, VA 23224-4059 $1,050,000 Feb 2024 11,550 SF
1121 Hull, Richmond, VA 23224-4059 $1,050,000 Feb 2024 5,289 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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