Financial
Distress signals
Property profile

3605 Hopkins Rd Richmond, VA 23224

OFF-MARKET
Auto shops
Property ID
US87-0902854
3,100 SF 1.66 ac lot Built 1959
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This fee-simple industrial distribution center, located at 3605 N Hopkins Rd, Richmond, VA 23234, offers 21,330 square feet on a 4.95-acre lot. Currently 100% occupied by Central Transport under a triple-net (NN) lease commencing December 31, 2023, and expiring April 30, 2027, with 3% annual rent bumps. The property features 42 loading docks, providing exceptional capacity. The building is divided into a 16,030 square foot terminal area designed for high-volume cargo handling, a 3,200 square

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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$202k
Assessed land$121k
Assessed improvement$81k
Effective rate0.01%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$230k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$41 – $167

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?
M-1 LIGHT INDUSTRIAL
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.7
Dental Office23.4
Law Firm23.3

Location

3605 Hopkins Rd Richmond, VA 23224-6610
County assessor Recorded deeds · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3702 Hull, Richmond, VA 23224-3449 $575,000 Feb 2025 4,123 SF
912 Richmond, Richmond, VA 23224-6617 $125,000 Jun 2023 4,226 SF
1643 Commerce, Richmond, VA 23224 $3,066,043 Jul 2022 2,832 SF
317 Plazaview, Richmond, VA 23224-1227 $75,000 Jan 2022 3,724 SF
217 Maury, Richmond, VA 23224-4227 $1,600,000 Oct 2021 2,790 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
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 3605 Hopkins Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message