Property profile

5243 Midlothian Tpke Richmond, VA 23225

OFF-MARKET
Parking lots & garages
Property ID
US87-0885143
0.21 ac lot Built 1981
Individually Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1981
Lot 0.21 ac (9,148 SF)
Zoning code B-3 GENERAL BUSINESS
APN C-006-0450-004
UPID US87-0885143

Cap rate & NOI

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

Location

5243 Midlothian Tpke Richmond, VA 23225
Richmond metro Census 70601 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
2011
$400,000

Zoning & alternative use

B-3 GENERAL 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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