Technical
Financial
Distress signals
Property profile

5108 9th Mile Rd Richmond, VA 23223

OFF-MARKET
Drive through restaurants
Property ID
US87-0541706
1,433 SF 0.98 ac lot Built 1970
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1970
Total area 1,433 SF
Lot 0.98 ac (42,732 SF)
Zoning code B-2
APN 812-724-3676
UPID US87-0541706

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

5108 9th Mile Rd Richmond, VA 23223-3341
Richmond metro Census 201203 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$600k

Owner & transaction history

since 2021
Last sale
$800,000
4 recorded transactions
2023
Price N/A
2021
$800,000
2012
$265,000
2010
$695,000

Zoning & alternative use

B-2 · Richmond, VA
Zoning description

Screening regulations in the B-2 Community Business District shall be as follows: (1) Where a side lot line abuts property in an R district, there shall be a continuous evergreen vegetative screen not less than 31⁄2 feet…

General category COMMERCIAL

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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