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Property profile

318 Broad St Richmond, VA 23220

OFF-MARKET
Other investment properties
Property ID
US87-0262931
6,816 SF 0.08 ac lot Built 1910
Last sale Mar 2026 · $890,000
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 6,816-square-foot mixed-use property contains three units and is located near Virginia Commonwealth University (VCU). The property is zoned B-4 (mixed-use). It has been maintained with capital building upgrades, and the building is configured as a multi-unit investment property with commercial and residential components associated with its mixed-use zoning designation.

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$812k
Assessed land$388k
Assessed improvement$424k
Effective rate0.00%

Value estimate

· Nov 2026
$715k
$644k – $787k
Submarket $/SF estimate$891k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$184/SF
ZIP average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$131 – $314
Qualifying comparables7

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?
B-4 CENTRAL BUSINESS
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.5
Tailor Shop9.5
Veterinary Clinic8.3

Location

318 Broad St Richmond, VA 23220-4219
County assessor Recorded deeds · 5 transfers 7 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
423 Broad, Richmond, VA 23220-4220 $809,221 Jun 2025 4,623 SF
304 Adams, Richmond, VA 23220-4261 $1,450,000 Apr 2025 7,124 SF
314 Brk, Richmond, VA 23220-4225 $1,450,000 Apr 2025 6,090 SF
18 Broad, Richmond, VA 23220-4213 $1,300,000 Jun 2024 8,046 SF
228 Broad, Richmond, VA 23220-4217 $925,000 Apr 2024 5,140 SF
2020 Monument, Richmond, VA 23220-2717 $1,250,000 Mar 2024 5,752 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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