Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Retail residential properties
308 Broad St Richmond, VA 23220-4219
Entity Owned
~
Est. High Equity
Property ID
US87-0671978
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1915
Construction
TYPE NOT SPECIFIED
Total area
14,685 SF
Lot
0.13 ac (5,694 SF)
Zoning code
B-4 CENTRAL BUSINESS
APN
N-000-0180-021
UPID
US87-0671978
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
-
Clipper Kings Barber shop Barber Shop
-
Kinky Cardio Gym & Fitness Center
-
Ideal Bodyworks Alternative Medicine Practice Spa & Massage Center
-
Super Fast Tax Refund Tax Preparation
-
Xquisite Travels 365, LLC Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$683k
Blend (final)
Blend
$1.06M
Owner & transaction history
308 Broad Street Holdings LLC
308 Broad Street Holdings LLC
since 2026
Last sale
$1.2M
3 recorded transactions
Zoning & alternative use
B-4 CENTRAL BUSINESS · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10% · vs last sale $1.22M (Jan 2 2026)
Last sale anchor
$1.22M
Jan 2 2026
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
$72 / 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
$1,469,000
Assessed 2024
Previous assessed
$1,469,000
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$245,000
Assessed improvement
$1,224,000
Land market value
$245,000
Improvement market value
$1,224,000
Total market value
$1,469,000
Applied tax rate
2.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1915
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
YES
Stories
3
Units
8
Rooms
26
Bathrooms
11
Total area
14,685 SF
Lot
0.13 ac (5,694 SF)
Zoning code
B-4 CENTRAL BUSINESS
APN
N-000-0180-021
UPID
US87-0671978
Jurisdiction
RICHMOND CITY
Zoning & alternative use
B-4 CENTRAL BUSINESS · Richmond, VA
Zoning B-4 CENTRAL BUSINESS · permitted uses
B-4 CENTRAL BUSINESS · 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.
Building & site characteristics
From public records
Year built
1915
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
3
Units
8
Rooms
26
Bathrooms
11
Lot
0.13 ac
Current owner
From public records · entity-resolved
308 Broad Street Holdings LLC
Entity
Mailing address
5732 ARDINGTON BLVD, GLEN ALLEN, VA 23059-7623
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
$1,215,000
308 Broad Street Holdings LLC
JR Commercial Properties LLC
Bargain & Sale Deed
$735,000 · Fulton Bank NA
Jan 8, 2015
$970,000
W Broad St Props LLC
Presidents Walk Props LLC
Grant Deed
—
Nov 10, 2014
$970,000
W Broad St Props LLC
Presidents Walk Props LLC
Warranty Deed
$800,000 · Branch Bk&tr
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 308 Broad 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.
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.
