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Property profile & analytics
OFF-MARKET
Retail space
3628 Broad Rock Rd Richmond, VA 23224-3426
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-0263109
Property summary
AI-generated overview
This exceptional mixed-use property, located at 3628 E Broad Rock Rd, Richmond, VA 23224, presents a compelling investment opportunity. The 2,098 square foot building, constructed in 1975 and extensively renovated between 2022 and 2024, boasts two distinct units (A & B) perfect for a variety of uses. Classified as a Class B property with B-2 zoning, it sits on an 8,166 square foot corner lot, offering high visibility and accessibility. Recent renovations include a new roof, HVAC systems, windows, electrical panels, flooring, and fresh paint throughout. The property also features a fenced yard and ample parking with 12 designated spaces. Its convenient location near the Veterans Hospital makes it highly desirable for businesses seeking a prominent presence. Currently vacant, this turnkey property is ready for immediate occupancy, offering significant potential for investors or business owners seeking a well-maintained, updated space in a thriving area. The building is a one-story structure with two stories.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Construction
WOOD
Total area
2,098 SF
Lot
0.19 ac (8,166 SF)
Zoning code
B-2 COMMUNITY BUSINESS
APN
C-006-0059-012
UPID
US87-0263109
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Maya Investment INC · 1 yrs held
Maya Investment INC
since 2025
Last sale
$335,000
6 recorded transactions
Zoning & alternative use
B-2 COMMUNITY 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$201,000
Assessed 2024
Previous assessed
$198,000
+1.5% YoY
Effective rate
0.01%
On assessed value
Assessed land
$54,000
Assessed improvement
$147,000
Land market value
$54,000
Improvement market value
$147,000
Total market value
$201,000
Applied tax rate
8.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
YES
Stories
2
Rooms
10
Bathrooms
2
Total area
2,098 SF
Lot
0.19 ac (8,166 SF)
Zoning code
B-2 COMMUNITY BUSINESS
APN
C-006-0059-012
UPID
US87-0263109
Jurisdiction
RICHMOND CITY
Zoning & alternative use
B-2 COMMUNITY BUSINESS · Richmond, VA
Zoning B-2 COMMUNITY BUSINESS · permitted uses
B-2 COMMUNITY 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
1975
Construction
WOOD
Heating
YES
Stories
2
Rooms
10
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Maya Investment INC
Entity
Mailing address
10203 BURKE CHASE CT, FAIRFAX, VA 22032-3267
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2025
$335,000
Maya Investment INC
Carmen E Guerrero
Warranty Deed
$284,750 · First Citizens Bank & Trust Co
Feb 27, 2018
—
Carmen E Guerrero
—
Deed
related
$50,000 · Flatn INC
Sep 8, 2016
$26,900
Carmen E Guerrero
Hud-housing Of Urban Dev
Grant Deed
—
Sep 21, 2015
—
Hud-housing Of Urban Dev
M & T Bk
Quit Claim Deed
related
—
Mar 26, 2014
$81,541
M & T Bk
Surety Trustees LLC|gainer,helen L & Cicero
Trustees Deed
related
—
—
—
Carmen E Guerrero
—
Deed Of Trust
related
$50,000 · Flatn INC
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.
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