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Property profile

6714 Patterson Ave Richmond, VA 23226

OFF-MARKET
Medical Office Space
Property ID
US87-3953943
6,250 SF 0.32 ac lot Built 1979
Last sale May 2004 · $780,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of two office suites located on Patterson Avenue near the Village Shopping Center, with proximity to the upcoming Ukrop’s Food Hall. Suite 100 comprises 1,658 square feet and Suite 202 comprises 1,568 square feet. The space features a functional office layout suitable for general office use and medical office use.

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$1.28M
Assessed land$440k
Assessed improvement$840k
Effective rate0.00%

Value estimate

· Oct 2026
$715k
$644k – $787k
Submarket $/SF estimate$903k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$167/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$89 – $257

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?
MULTIPLE ZONING
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.1
Building Supply12.1
Kitchen & Bath11.5

Location

6714 Patterson Ave Richmond, VA 23226-3432
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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

5 recorded sales · 17 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2000 Bremo, Richmond, VA 23226-2440 $15,300,000 Jul 2025 25,848 SF
5320 Patterson, Richmond, VA 23226-1536 $2,785,000 Oct 2022 6,812 SF
417 Libbie, Richmond, VA 23226-2615 $3,500,000 Jul 2022 4,770 SF
5318 Patterson, Richmond, VA 23226-2044 $1,570,000 Feb 2021 8,385 SF
40 Lexington, Richmond, VA 23226-1626 $551,000 Aug 2019 2,640 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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