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Financial
Distress signals
Property profile

9 Franklin St Richmond, VA 23219

OFF-MARKET
Investment properties
Property ID
US87-0741048
5,403 SF 0.11 ac lot Built 1879
Last sale Feb 2025 · $1,227,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 7,728-square-foot office building presents a unique investment opportunity in Richmond, Virginia's historic Monroe Ward. Built in 1879, this three-story building boasts a blend of preserved historic charm and modern office spaces, making it ideal for an owner-occupant or an investor seeking a single-tenant lease. The property features off-street parking, a significant advantage in this vibrant urban setting. Located at 9 E Franklin St, zip code 23219, the building is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$20
Tax billed · 2020
Assessed value · 2024$955k
Assessed land$278k
Assessed improvement$677k
Effective rate0.00%

Value estimate

· Oct 2026
$790k
$711k – $869k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$64 – $160
Qualifying comparables7

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-03 RESIDENTIAL OFFICE
JurisdictionRICHMOND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.8
Tailor Shop9.8
Auto Parts Store9.4

Location

9 Franklin St Richmond, VA 23219-2105
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales 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
216 Broad, Richmond, VA 23219-1736 $950,000 Jan 2025 4,144 SF
300 Grace, Richmond, VA 23219-1718 $1,000,000 Dec 2024 4,976 SF
221 Clay, Richmond, VA 23219-1325 $389,626 Oct 2023 6,229 SF
214 Main, Richmond, VA 23219-3715 $930,000 Oct 2023 6,504 SF
408 Main, Richmond, VA 23219-3822 $4,400,000 Dec 2021 4,200 SF
1208 Cary, Richmond, VA 23219-4116 $1,787,500 May 2021 6,322 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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