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    Property profile & analytics

    506 9th Mile Rd Henrico, VA 23075-1842

    • Retail space
    • 1,606 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-1088853
    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

    • Retail space

    Property Details for 506 9th Mile Rd

    Year built
    1948
    Lot size
    0.06 lot acres
    Property size
    1,606 SF
    Zone code
    B-1
    Property type
    Retail space
    APN
    823-723-8828
    APU
    8237238828

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.3239
    Latitude
    37.5427
    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
    2023
    $0.00
    $11,600
    $73,700
    $85,300
    -
    $11,600
    $73,700
    $85,300

    Comparable in this City

    • Value Estimation by Request
      7,569 SF

      1311 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,569 SF
      1311 9th Mile Rd, Henrico, VA 23075-2305
      View Details
    • Value Estimation
      $275,000
      3,570 SF

      6 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,570 SF
      6 9th Mile Rd, Henrico, VA 23075-1832
      View Details
    • Value Estimation
      $420,000
      2,342 SF

      1838 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,342 SF
      1838 9th Mile Rd, Henrico, VA 23075-2300
      View Details
    • Value Estimation by Request

      301 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES)
      301 9th Mile Rd, Henrico, VA 23075-1358
      View Details
    • Value Estimation by Request
      1,560 SF

      14 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,560 SF
      14 9th Mile Rd, Henrico, VA 23075-1832
      View Details
    • Value Estimation
      $805,000
      2,300 SF

      500 9th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,300 SF
      500 9th Mile Rd, Henrico, VA 23075-1356
      View Details

    Similar Nearby for Sale

    • $250,000

      Land Parcel at Signalized Intersection

      0.834 acre land parcel at Airport Dr. & E. Nine Mile Rd.
      51 S Airport Dr, Henrico, VA 23075
      View Details
    • $180,000
      2.29 Acres

      Henrico Land with Commercial Potential

      2.29 acres with high visibility in a growing area.
      621 N Airport Dr, Henrico, VA 23075
      View Details
    • $49,000
      Pending

      Henrico, VA Land For Sale

      Commercial land available in Henrico, Virginia with road frontage.
      1601 Gatewood Ave, Henrico, VA 23075
      View Details
    • $790,000
      9,280 SF

      High-Visibility Henrico Commercial Space

      Warehouse, Showroom, & Office Space - Great Potential!
      106 Nine Mile Rd, Henrico, VA 23075
      View Details
    • $549,000

      Commercial Land Available For Sale

      Commercial land available for sale in Highland Springs, Virginia.
      100 W 9 Mile Rd, Highland Springs, VA 23075
      View Details
    • $225,000

      Land For Sale

      Land available for sale.
      104 N Beech Ave, Highland Springs, VA 23075
      View Details
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    506 9th Mile Rd
    Henrico, VA 23075-1842
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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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