Financial
Distress signals
Property profile

5008 Monument Ave Richmond, VA 23230

OFF-MARKET
Office buildings
Property ID
US87-1356209
22,334 SF 1.32 ac lot Built 1983
Last sale Mar 2022 · $3,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial office building offering approximately 11,000 square feet of office space that can be demised, with direct suite entrances. The building provides extensive surface parking on all sides and is configured to support flexible occupancy patterns, including smaller lease layouts (for example, suites of about 5,000 square feet were contemplated) and potential swing-space or short-term uses. It is located in a central area with regional accessibility, and the surrounding

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value · 2024$2.52M
Assessed land$258k
Assessed improvement$2.27M
Effective rate0.85%

Value estimate

· Sep 2026
$2.63M
$2.36M – $2.89M
AI approach$2.40M
Submarket $/SF estimate$2.45M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$136/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$75 – $197

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?
O-2
JurisdictionHENRICO

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Barber Shop9.6
Locksmith9.4

Location

5008 Monument Ave Richmond, VA 23230-3663
County assessor Recorded deeds · 6 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4911 Augusta, Richmond, VA 23230-3601 $1,968,000 May 2024 13,001 SF
3311 Broad, Richmond, VA 23230-5000 $2,250,000 Jan 2024 11,643 SF
5101 Monument, Richmond, VA 23230-3621 $2,178,000 Dec 2021 21,708 SF
2317 Westwood, Richmond, VA 23230-4007 $887,000 Oct 2021 15,104 SF
2315 Westwood, Richmond, VA 23230-4018 $887,000 Oct 2021 11,976 SF
2405 Westwood, Richmond, VA 23230-4008 $1,775,000 Jul 2021 12,000 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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