704 Dawn St Richmond, VA 23222-4816
Property profile & analytics
704 Dawn St Richmond, VA 23222-4816
- Flex space
- 7,891 SF
- 0.41 lot acres
Property ID
US87-0915482
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.
Location Intelligence
Current Use by Public Records
- Tabol Brewing / Production Facility / Brewery & Distillery
- Anytime Beer Company / Production Facility / Brewery & Distillery
Property Details for 704 Dawn St
- Year built
- 1959
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.41 lot acres
- Property size
- 7,891 SF
- Zone code
- M-1 LIGHT INDUSTRIAL
- Property type
- Flex space
- APN
- N-000-0442-009
- APU
- N0000442009
Description
This 7,891 square foot property in Richmond, Virginia, presents a unique investment opportunity. Located at 704 Dawn St, in Henrico County (zip code 23222), this flex space boasts a versatile layout ideal for various uses. Originally built in 1959 and extensively renovated in 2018, the property features a 1,200 square foot tasting room with three-sided windows and a 1,500 square foot outdoor deck. The 6,700 square foot warehouse component includes a loading dock, multiple offices, and ample storage. The warehouse's rear, facing Dawn Street, offers a separate street-level entrance, potentially adaptable into retail space. The property sits on a 0.41-acre lot and includes 13 on-site parking spaces. It's zoned M-1 and benefits from three-phase electric service. The building is fully climate-controlled. A significant advantage is its location in a growing redevelopment area, with a proposed 44-unit apartment building across the street. The current tenant is relocating, making this an excellent chance to acquire a well-maintained property with high potential for future development.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $835,000
- 6.5%
- $770,000
- 7%
- $715,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,271,000
- AI Estimate
- $1,326,000
Market price range: $470k - $1.27MMarket price range: $111k - $1.33M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $815,000 Current use
- AUTO REPAIR, GARAGE
- $1,435,000 Change: +77% Conversion: Easy
- MEDICAL BUILDING
- $1,315,000 Change: +62% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,295,000 Change: +59% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,270,000 Change: +56% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,245,000 Change: +53% Conversion: Difficult
- OFFICE BUILDING
- $1,165,000 Change: +44% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Longitude
- -77.4414
- Latitude
- 37.5623
- 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
$98,000
$529,000
$627,000
-
$98,000
$529,000
$627,000
