Property profile

801 Sheppard St Richmond, VA 23221

OFF-MARKET
Apartment buildings
Property ID
US87-1303613
4,941 SF 0.05 ac lot Built 1925
Entity Owned Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1925
Construction BRICK
Total area 4,941 SF
Lot 0.05 ac (1,986 SF)
Zoning code R-48 MULTI FAMILY
APN W-000-1291-033
UPID US87-1303613

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

801 Sheppard St Richmond, VA 23221-1741
Richmond metro Census 40600 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
$940k
Comparable Approach Comparable
$884k
Blend (final) Blend
$485k

Owner & transaction history

since 2026
Last sale
$775,000
5 recorded transactions
2026
$960,000
2020
$775,000
2018
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

R-48 MULTI FAMILY · Richmond, VA
Top alternative use upside
Auto repair, garage $900,000 +13.3%
Medical building $825,000 +3.6%
Neighborhood: shopping center $810,000 +2.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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