Property profile

616 8th St Richmond, VA 23219

OFF-MARKET
Parking lots & garages
Property ID
US87-0990280
0.36 ac lot Built 1990
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1990
Lot 0.36 ac (15,473 SF)
Zoning code RP REASEARCH PARK
APN N-000-0015-025-B
UPID US87-0990280

Cap rate & NOI

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

Location

616 8th St Richmond, VA 23219
Richmond metro Census 30200 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2022
3 recorded transactions
2022
$54,502
2006
Price N/A
2006
Price N/A

Zoning & alternative use

RP REASEARCH PARK · 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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