Technical
Financial
Distress signals
Property profile

603 Marx St Richmond, VA 23224

OFF-MARKET
Auto shops
Property ID
US87-1253169
4,500 SF 1.89 ac lot Built 1990
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1990
Total area 4,500 SF
Lot 1.89 ac (82,154 SF)
Zoning code M-2 HEAVY INDUSTRIAL
APN S-000-0272-001
UPID US87-1253169

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
  • Law Firm Publishing House

Location

603 Marx St Richmond, VA 23224-5549
Richmond metro Census 61002 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$753k
Blend (final) Blend
$680k

Owner & transaction history

Zoning & alternative use

M-2 HEAVY INDUSTRIAL · Richmond, VA
Top alternative use upside
Medical building $750,000 +68.5%
Neighborhood: shopping center $740,000 +66.2%
Office building $665,000 +49.6%

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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