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    Property profile & analytics

    9856 Broad St Glen Allen, VA 23060-4171

    • Retail space
    • 60,326 SF
    • 5.13 lot acres
    OFF-MARKET
    Value Estimation
    $8,825,000
    Last Sale
    Sep 13, 2023
    $9,550,000
    Location Intelligence
    Property ID
    US87-0666063
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Michaels / Yarn Store / Craft Store
    • Michaels Custom Framing / Picture Frame Shop
    • UPS Access Point location / Shipping And Mailing Service / Mailing Service

    Property Details for 9856 Broad St

    Year built
    1993
    Lot size
    5.13 lot acres
    Property size
    60,326 SF
    Zone code
    B-2
    Property type
    Retail space
    APN
    753-759-5245
    APU
    7537595245

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,790,000

    • CAP approach

      CAP return
      Estimation
      6%
      $10,410,000
      6.5%
      $10,615,000
      7%
      $10,075,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,285,000
      Geo Method
      $8,600,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,785,000
      Retail
      $8,850,000
      Mixed-Use
      $8,960,000
      Hospitality
      $7,700,000
      Educational
      $8,820,000
      Residential Income
      $9,065,000
      Energy
      $8,845,000
      Income-Based Land
      $8,835,000
      Food Service
      $9,205,000

    Location Insight

    • Map
    • Local Demand
    City
    Glen Allen
    County
    Henrico
    State
    Virginia
    Longitude
    -77.5654
    Latitude
    37.6442
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $61,622
    $2,610,900
    $5,185,900
    $7,796,800
    -
    $2,610,900
    $5,185,900
    $7,796,800

    Comparable in this City

    • Value Estimation by Request
      6,000 SF

      11131 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      11131 Broad St, Glen Allen, VA 23060-5814
      View Details
    • Value Estimation by Request
      41,249 SF

      10050 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 41,249 SF
      10050 Broad St, Glen Allen, VA 23060-6405
      View Details
    • Value Estimation by Request
      28,781 SF

      2010 Old Brick Rd

      RETAIL STORES (PERSONAL SERVICES) • 28,781 SF
      2010 Old Brick Rd, Glen Allen, VA 23060-5834
      View Details
    • Value Estimation
      $1,980,000
      5,451 SF

      9830 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 5,451 SF
      9830 Broad St, Glen Allen, VA 23060-4171
      View Details
    • Value Estimation by Request
      32,120 SF

      9900 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 32,120 SF
      9900 Broad St, Glen Allen, VA 23060-6512
      View Details
    • Value Estimation by Request
      18,306 SF

      11198 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 18,306 SF
      11198 Broad St, Glen Allen, VA 23060-5813
      View Details

    Similar Nearby for Sale

    • $1,200,000
      1.25 Acres

      Short Pump Retail Land Investment

      1.25-Acre Developable Retail Tract
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      44,015 SF manufacturing warehouse with cranes and outside storage.
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    • $190,000
      0.43 Acres

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      Corner lot with sheds, driveway, and pond; no HOA.
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    • New
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      1.67 Acres

      Glen Allen Land Development Opportunity

      1.67 acres, 8 lots, prime Glen Allen location.
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    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Retail Space in Glen Allen

      Retail space anchored by Trader Joe's, Petco & Ulta.
      11341 W Broad St, Glen Allen, VA 23060
      View Details
    • Contact for pricing
      5,673 SF

      Retail Space in Glen Allen

      Retail space available in a Publix-anchored shopping center.
      10208-10238 Staples Mill Rd, Glen Allen, VA 23060
      View Details
    • Contact for pricing
      9,000 SF

      Glen Allen Retail Pad - 9,000 SF

      High-traffic retail space, build-to-suit available.
      11194 Broad St, Glen Allen, VA 23060
      View Details
    • $80,000
      9,000 SF

      Retail Space Near West Broad

      Up to 9,000 SF retail space for lease.
      11198 W Broad St, Glen Allen, VA 23060
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space in Glen Allen

      Retail space with high visibility and signage opportunities available for lease.
      11331 W Broad St, Glen Allen, VA 23060
      View Details
    • Contact for pricing
      1,600 SF

      Glen Allen Retail Space Available

      Retail space for lease in Henrico County shopping center.
      10250-10298 Staples Mill Rd, Glen Allen, VA 23060
      View Details
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    Glen Allen, VA 23060-4171
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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