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    Property profile & analytics

    4010 Macarthur Ave Richmond, VA 23227-4051

    • Grocery and convenience stores
    • 1,575 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US87-1162546
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Nutall's Market / Convenience Store / Supermarket

    Property Details for 4010 Macarthur Ave

    Year built
    1931
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.06 lot acres
    Property size
    1,575 SF
    Zone code
    B-1 NEIGHBORHOOD BUSINESS
    Property type
    Grocery and convenience stores
    APN
    N-000-2180-028
    APU
    N0002180028

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $215,000
      6.5%
      $200,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $215,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $240,000
      Mixed-Use
      $245,000
      Hospitality
      $220,000
      Educational
      $220,000
      Residential Income
      $235,000
      Energy
      $210,000
      Income-Based Land
      $230,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.4585
    Latitude
    37.5888
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $20
    $47,000
    $110,000
    $157,000
    -
    $47,000
    $110,000
    $157,000

    Comparable in this City

    • Value Estimation by Request
      163,008 SF

      5206 Chamberlayne Rd

      Individual retail properties • 163,008 SF
      5206 Chamberlayne Rd, Richmond, VA 23227
      View Details
    • Value Estimation
      $375,000
      2,484 SF

      5101 Richmond Henrico Tpke

      CONVENIENCE STORE • 2,484 SF
      5101 Richmond Henrico Tpke, Richmond, VA 23227-3601
      View Details
    • Value Estimation by Request
      3,045 SF

      5900 Brk Rd

      CONVENIENCE STORE • 3,045 SF
      5900 Brk Rd, Richmond, VA 23227-2258
      View Details
    • Value Estimation
      $2,845,000
      2,940 SF

      5201 Chamberlayne Ave

      CONVENIENCE STORE (W/FUEL PUMP) • 2,940 SF
      5201 Chamberlayne Ave, Richmond, VA 23227
      View Details
    • Value Estimation
      $385,000
      2,098 SF

      7607 Brk Rd

      CONVENIENCE STORE • 2,098 SF
      7607 Brk Rd, Richmond, VA 23227-1818
      View Details
    • Value Estimation by Request
      3,864 SF

      803 Parham Rd

      CONVENIENCE STORE • 3,864 SF
      803 Parham Rd, Richmond, VA 23227-1107
      View Details

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    Similar Nearby for Lease

    • $2,000 /Mo
      43,560 SF

      Richmond Commercial Space For Lease

      1000 SF commercial space available off I-95 in Richmond.
      5604 Chamberlayne Rd, Richmond, VA 23227
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    • Contact for pricing
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      Retail Space in Brookside Center

      Retail space available in Henrico County shopping center.
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    • Contact for pricing
      6,930 SF

      Retail Space in Northside Available

      Retail shop space for lease in Richmond's Northside.
      4029 Macarthur Ave, Richmond, VA 23227
      View Details
    • Contact for pricing
      1,267 SF

      Retail Space Near Major Highways

      Retail space available in highly visible strip center.
      7721 Brook Rd, Richmond, VA 23227
      View Details
    • $1,245,000
      4,280 SF

      Retail Space on Chamberlayne Road

      Retail space for rent with frontage on Chamberlayne Road.
      5602 Chamberlayne Rd, Richmond, VA 23227
      View Details
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    4010 Macarthur Ave
    Richmond, VA 23227-4051
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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