Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    6740 Frst Hl Ave Richmond, VA 23225-1844

    • Medical offices
    • 8,840 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimation
    $650,000
    Last Sale
    Jul 07, 2021
    $815,000
    Location Intelligence
    Property ID
    US87-0774721
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Two Maids / House Cleaning Service / Cleaners
    • Amazing Face Skin Care / Skin Care Clinic
    • Dr. Richard Byrd & Associates / Orthodontist / Pediatric Dentist
    • Watershed Hypnotherapy, LLC / Hypnotherapy Service
    • Richmond Rolfing LLC / Massage Therapist / Holistic Medicine Practitioner

    Property Details for 6740 Frst Hl Ave

    Year built
    1985
    Construction
    WOOD
    Lot size
    0.79 lot acres
    Property size
    8,840 SF
    Zone code
    R-01 RESIDENTIAL OFFICE
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    C-004-0587-018
    APU
    C0040587018

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $610,000

    • CAP approach

      CAP return
      Estimation
      6%
      $905,000
      6.5%
      $865,000
      7%
      $825,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $725,000
      Geo Method
      $765,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $775,000
      Retail
      $795,000
      Mixed-Use
      $725,000
      Hospitality
      $730,000
      Educational
      $690,000
      Residential Income
      $825,000
      Energy
      $830,000
      Income-Based Land
      $855,000
      Food Service
      $770,000

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Richmond City
    State
    Virginia
    Longitude
    -77.5174
    Latitude
    37.5376
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $20
    $373,000
    $526,000
    $899,000
    -
    $373,000
    $526,000
    $899,000

    Comparable in this City

    • Value Estimation by Request
      53,164 SF

      500 Hioaks Rd

      MEDICAL CLINIC • 53,164 SF
      500 Hioaks Rd, Richmond, VA 23225-4061
      View Details
    • Value Estimation by Request
      2,213 SF

      6927 Frst Hl Ave

      MEDICAL CLINIC • 2,213 SF
      6927 Frst Hl Ave, Richmond, VA 23225-1605
      View Details
    • Value Estimation by Request
      5,529 SF

      7151 Jahnke Rd

      MEDICAL CLINIC • 5,529 SF
      7151 Jahnke Rd, Richmond, VA 23225-4017
      View Details
    • Value Estimation by Request
      34,152 SF

      1115 Boulders Pkwy

      MEDICAL BUILDING • 34,152 SF
      1115 Boulders Pkwy, North Chesterfield, VA 23225-4067
      View Details
    • Value Estimation by Request
      26,182 SF

      681 Hioaks Rd

      MEDICAL CLINIC • 26,182 SF
      681 Hioaks Rd, Richmond, VA 23225-4043
      View Details
    • Value Estimation by Request
      4,714 SF

      1405 Westover Hls Blvd

      MEDICAL CLINIC • 4,714 SF
      1405 Westover Hls Blvd, Richmond, VA 23225-3153
      View Details

    Similar Nearby for Sale

    • $598,000
      3,928 SF

      Retail Building with Restaurant Space

      Multi-tenant retail building with redevelopment opportunity and restaurant space.
      1205 Westover Hills Blvd, Richmond, VA 23225
      View Details
    • New
      $1,100,000
      Pending

      Richmond Commercial Investment Opportunity

      Commercial property in Richmond, VA with tenant in place.
      7036 Forest Hill Ave, Richmond, VA 23225
      View Details
    • Contact for pricing

      Commercial Land in Opportunity Zone

      Land available for commercial development in Chesterfield County.
      Chippenham Pkwy, North Chesterfield, VA 23225
      View Details
    • $715,000

      Richmond Specialty Property For Sale

      Specialty property available for purchase in Richmond, Virginia.
      6809 South Dr, Richmond, VA 23225
      View Details
    • $1,725,000
      1,900 SF

      Gas Station and Convenience Store

      1,900 SF gas/convenience store on approximately 1.66 acres.
      2000 Semmes Ave, Richmond, VA 23225
      View Details
    • Contact for pricing
      109.00 Acres

      Starview Vlg

      Land • 109.00 Acres
      0 Starview Vlg, Richmond, VA 23225
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,487 SF

      Office Space Near Chippenham Hospital

      Office space for rent, located across from Chippenham Hospital.
      681 Hioaks Rd, Richmond, VA 23225
      View Details
    • Contact for pricing
      93,000 SF

      Executive Office Space in Richmond

      Class A Office, 12,290 SF Available
      1025 Boulders Pkwy, Richmond, VA 23225
      View Details
    • Contact for pricing
      23,254 SF

      Class A Office Building

      Four-story Class A office building with lake views.
      7300 Beaufont Springs Dr, Richmond, VA 23225
      View Details
    • Contact for pricing
      1,587 SF

      Class A Office Space Richmond

      Class A office building with suites and modern amenities.
      1100 Boulders Pkwy, Richmond, VA 23225
      View Details
    • Contact for pricing
      3,500 SF

      Richmond Office Space For Rent

      Office space available for rent in Richmond, Virginia.
      7012 Marlowe Rd, Richmond, VA 23225
      View Details
    • $22 SF/Yr
      16,156 SF

      Regus Boulders Office Suites

      Premium Richmond Office Space, Flexible Terms
      7400 Beaufont Springs Dr, Richmond, VA 23225
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6740 Frst Hl Ave
    Richmond, VA 23225-1844
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.