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Property profile & analytics
FOR LEASE
Office buildings
801 E Main St Richmond, VA 23219
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0600188
For Lease
1 / 2
$17,465,000
801 E Main St, Richmond, VA 23219
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Construction
STONE
Total area
299,285 SF
Lot
0.41 ac (17,646 SF)
Zoning code
B-4 CENTRAL BUSINESS
APN
W-000-0010-001
UPID
US87-0600188
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
DC to Richmond Southeast High Speed Rail Freight Service Logistics Company
-
Virginia Department of Social Services: Division of Child Support Enforcement Department Of Social Services
-
Virginia Lawyers Weekly Publishing House Newspaper & Magazine
-
Virginia Service Foundation Volunteer Organization Charitable Organization
-
Lantagne Legal Printing Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.47M
Owner & transaction history
Altitude Main LLC · 1 yrs held
Altitude Main LLC
since 2025
Last sale
$22.0M
7 recorded transactions
Zoning & alternative use
B-4 CENTRAL BUSINESS · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$14,135,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$17.47M
Range $15.72M – $19.21M · ±10% · vs last sale $22.00M (Mar 14 2025)
Last sale anchor
$22.00M
Mar 14 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$58 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$20
Tax year 2020
Assessed value
$25,321,000
Assessed 2024
Previous assessed
$25,321,000
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$2,263,000
Assessed improvement
$23,058,000
Land market value
$2,263,000
Improvement market value
$23,058,000
Total market value
$25,321,000
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1964
Construction
STONE
Heating
YES
Cooling
YES
Stories
17
Total area
299,285 SF
Lot
0.41 ac (17,646 SF)
Zoning code
B-4 CENTRAL BUSINESS
APN
W-000-0010-001
UPID
US87-0600188
Jurisdiction
RICHMOND CITY
Zoning & alternative use
B-4 CENTRAL BUSINESS · Richmond, VA
Zoning B-4 CENTRAL BUSINESS · permitted uses
B-4 CENTRAL BUSINESS · Richmond, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
STONE
Heating
YES
Cooling
Yes
Stories
17
Lot
0.41 ac
Current owner
From public records · entity-resolved
Altitude Main LLC
Entity
Free & Clear · 1 yrs held
Mailing address
10333 SOUTHPOINT LNDG BLVD, FREDERICKSBURG, VA 22407-8042
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2025
$22,000,000
Altitude Main LLC
Plaza Associates LLC
Special Warranty Deed
—
Mar 29, 2017
—
Plaza Assoc LLC
—
Deed
related
$16,000,000 · Union Bk&tr
Aug 30, 2016
—
Plaza Assoc LLC
—
Deed
related
$11,900,000 · Union Bk&tr
—
—
Plaza Assocs LLC
—
Deed Of Trust
related
$11,000,000 · Union First Market Bk
—
—
Plaza Associates LLC
—
Loan Modification
related
$11,740,000 · Suntrust Mtg
—
—
Plaza Assoc LLC
—
Loan Modification
related
$11,900,000 · Union Bk&tr
—
—
Plaza Assoc LLC
—
Loan Modification
related
$16,000,000 · Union Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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