Financial
Distress signals
Property profile

720 Grace St Richmond, VA 23220

OFF-MARKET
Retail space
Property ID
US87-1278231
6,630 SF 0.35 ac lot Built 1940
Last sale Mar 2026 · $3,596,733
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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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$1.54M
Assessed land$1.15M
Assessed improvement$392k
Effective rate0.00%

Value estimate

· Sep 2026
$2.76M
$2.48M – $3.03M
AI approach$2.73M
Submarket $/SF estimate$1.89M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$251/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$164 – $416

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?
B-4 CENTRAL BUSINESS
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.0
Dental Office11.2
Skin Care Clinic10.8

Location

720 Grace St Richmond, VA 23220-4117
County assessor Recorded deeds · 4 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1804 Broad, Richmond, VA 23220-2110 $3,400,000 Jun 2025 11,098 SF
106 Robinson, Richmond, VA 23220-5128 $1,530,000 Feb 2025 5,633 SF
510 Broad, Richmond, VA 23220 $4,650,000 Oct 2024 10,271 SF
2701 Cary, Richmond, VA 23220-5120 $1,745,000 Jul 2023 4,550 SF
1607 Broad, Richmond, VA 23220-2106 $225,000 Apr 2023 4,954 SF
1509 Main, Richmond, VA 23220-4630 $14,550,000 Dec 2021 6,762 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
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