Technical
Financial
Distress signals
Property profile

606 Virginia Ave Richlands, VA 24641

OFF-MARKET
Residential income homes
Property ID
US87-2857542
4,200 SF 1.91 ac lot Built 1977
Individually Owned 4-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1977
Total area 4,200 SF
Lot 1.91 ac (83,417 SF)
APN 105B A 0038
UPID US87-2857542

Cap rate & NOI

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

Location

606 Virginia Ave Richlands, VA 24641-2950
Richlands metro Census 21000 BLUEFIELD, WV-VA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$595k
CAP Approach CAP
by Request
Comparable Approach Comparable
$633k
Blend (final) Blend
$635k

Owner & transaction history

since 2021
Last sale
$600,000
1 recorded transaction
2021
$600,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $515,000 +18.2%
Office building $470,000 +7.1%
Medical building $450,000 +2.9%

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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