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Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Apartment buildings
900 St James St, Richmond, VA 23220-2511
Entity Owned
9-yr Hold
Free & Clear
Property ID
US87-1007169
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1902
Construction
TYPE NOT SPECIFIED
Total area
21,203 SF
Lot
0.78 ac (33,846 SF)
Zoning code
R-53 MULTI FAMILY
APN
N-000-0107-015
UPID
US87-1007169
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
-
St. Luke's Apartments Apartment Building
-
Love Jones Skincare Medical Clinic Skin Care Clinic
-
The Diverse Birth Alternative Medicine Practice Medical Clinic
-
St. Luke Building Historical Place Museum
-
A New Legacy Family Services Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.09M
Blend (final)
Blend
$1.69M
Owner & transaction history
St Luke Bldg LLC · 9 yrs held
St Luke Bldg LLC
since 2016
5 recorded transactions
Zoning & alternative use
R-53 MULTI FAMILY · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±10%
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
$80 / 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
$2,033,000
Assessed 2024
Previous assessed
$2,033,000
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$271,000
Assessed improvement
$1,762,000
Land market value
$271,000
Improvement market value
$1,762,000
Total market value
$2,033,000
Applied tax rate
3.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1902
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
4
Total area
21,203 SF
Lot
0.78 ac (33,846 SF)
Zoning code
R-53 MULTI FAMILY
APN
N-000-0107-015
UPID
US87-1007169
Jurisdiction
RICHMOND CITY
Zoning & alternative use
R-53 MULTI FAMILY · Richmond, VA
Zoning R-53 MULTI FAMILY · permitted uses
R-53 MULTI FAMILY · 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
1902
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
4
Lot
0.78 ac
Current owner
From public records · entity-resolved
St Luke Bldg LLC
Entity
Free & Clear · 9 yrs held
Mailing address
3007 HAWTHORNE AVE, RICHMOND, VA 23222-2513
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2017
—
St Luke Bldg LLC
—
Deed
related
$600,000 · Chesapeake Bk
Sep 16, 2016
—
St Luke Building LLC
—
Deed
related
$300,000 · Chesapeake Bank
Aug 22, 2016
—
St Luke Bldg LLC
Stallings,margaret T
Grant Deed
related
—
—
—
St Luke Bldg LLC
—
Deed Of Trust
related
$300,000 · Chesapeake Bk
—
—
St Luke Bldg LLC
—
Loan Modification
related
$600,000 · Chesapeake Bk
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.
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