Technical
Financial
Distress signals
Property profile

501 Oliver Hl Way Richmond, VA 23219

OFF-MARKET
Industrial properties
Property ID
US87-3931644
38,796 SF 0.85 ac lot Built 1965
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1965
Construction TYPE NOT SPECIFIED
Total area 38,796 SF
Lot 0.85 ac (37,096 SF)
Zoning code B-5 CENTRAL BUSINESS
APN E-000-0248-001
UPID US87-3931644

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

501 Oliver Hl Way Richmond, VA 23219-2044
Richmond metro Census 20501 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
$984k
Blend (final) Blend
$1.30M

Owner & transaction history

since 2025
Last sale
$1.3M
7 recorded transactions
2025
$2.3M
2025
Price N/A
2024
Price N/A
2020
$1.3M
2014
$1.3M
2008
Price N/A
2008
Price N/A

Zoning & alternative use

B-5 CENTRAL BUSINESS · Richmond, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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