Property profile

512 8th St Richmond, VA 23224

OFF-MARKET
Distribution centers
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Property ID
US87-3976489
6,361 SF 0.46 ac Built 1950
Last sale May 2006·$275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$433k
Assessed land$181k
Assessed improvement$252k
Effective rate0.00%

Value estimate

· Nov 2026
$170k
$153k – $187k
AI approach$180k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$66/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$33 – $109
Qualifying comparables4

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?
M-2 HEAVY INDUSTRIAL
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.4
Kitchen & Bath13.0
Garden Center11.8

Location

512 8th St Richmond, VA 23224-5402
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales 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
506 Clopton, Richmond, VA 23224-3662 $2,500,000 Jan 2025 14,266 SF
3213 Broad Rock, Richmond, VA 23224-6015 $510,000 Dec 2023 4,845 SF
1516 Commerce, Richmond, VA 23224-7514 $1,675,000 Mar 2023 10,356 SF
1011 Commerce, Richmond, VA 23224-7007 $3,700,000 Oct 2021 19,390 SF
1500 Bainbridge, Richmond, VA 23224-2050 $400,000 Jun 2021 3,150 SF
1401 Carter Crk, Richmond, VA 23224-7200 $725,000 Mar 2019 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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Includes: Price & PSF · Cap rate · Location · Zoning

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