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Financial
Distress signals
Property profile

3230 Grace St Richmond, VA 23221

OFF-MARKET
Other apartment buildings
Property ID
US87-0763218
3,300 SF 0.14 ac lot Built 1950
Last sale Feb 2026 · $1,035,000
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

Located at 3230 West Grace Street in Richmond’s Historic Museum District, this apartment property contains six one-bedroom units. The residences feature generous window areas and hardwood flooring, and the property includes an onsite coin-operated laundry facility along with six off-street parking spaces. Capital improvements completed in the last five years include a coated modified roof, installation of two-zone mini-split heating and cooling systems, and bathroom refurbishments in several of the apartments.

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$774k
Assessed land$235k
Assessed improvement$539k
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?
$161/SF
Submarket average, outlier-cleaned · 177 recorded sales of this use type
Observed band · Q1–Q3$84 – $294

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?
R-6 SINGLE FAMILY ATTACHE
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center9.4
Shoe Repair8.8
Laundromat8.6

Location

3230 Grace St Richmond, VA 23221-1349
County assessor Recorded deeds · 2 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2822 Floyd, Richmond, VA 23221-3032 $1,450,000 Nov 2024 5,652 SF
2918 Idlewood, Richmond, VA 23221-3546 $910,000 Sep 2021 5,322 SF
3200 Stuart, Richmond, VA 23221-2348 $1,025,000 Jun 2021 5,091 SF
3415 Grv, Richmond, VA 23221-2756 $1,450,000 Jun 2021 3,892 SF
801 Sheppard, Richmond, VA 23221-1741 $775,000 Oct 2020 4,941 SF
3110 Patterson, Richmond, VA 23221-2434 $530,000 Oct 2019 5,517 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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