Financial
Distress signals
Property profile

707 Colonial Ave Richmond, VA 23221

OFF-MARKET
Apartment buildings
Property ID
US87-1145212
10,272 SF 0.12 ac lot Built 1922
Last sale Aug 2019 · $5,108,990
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$1.34M
Assessed land$206k
Assessed improvement$1.14M
Effective rate0.00%

Value estimate

· Sep 2026
$920k
$828k – $1.01M
Submarket $/SF estimate$1.19M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$161/SF
Submarket average, outlier-cleaned · 177 recorded sales of this use type
Observed band · Q1–Q3$84 – $294

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?
R-48 MULTI FAMILY
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.8
Daycare Center9.7
Laundromat8.9

Location

707 Colonial Ave Richmond, VA 23221-1727
County assessor Recorded deeds · 3 transfers 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

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3110 Kensington, Richmond, VA 23221-2458 $1,532,602 Apr 2024 10,980 SF
2903 Monument, Richmond, VA 23221-1738 $40,643,836 Jul 2022 10,473 SF
2810 Monument, Richmond, VA 23221-1734 $40,643,836 Jul 2022 9,786 SF
3408 Park, Richmond, VA 23221-1547 $40,643,836 Jul 2022 11,181 SF
3224 Stuart, Richmond, VA 23221-2362 $40,643,836 Jul 2022 9,216 SF
3001 Monument, Richmond, VA 23221-1461 $5,108,990 Aug 2019 9,546 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 707 Colonial Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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