511 GraceRichmond, VA 23220
- Office properties
- 6,240 SF
Off market
$1,290,000 Estimated
Property Details for 511 Grace
- Year built
- 1980
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.20 AC
- Property size (Sq ft)
- 6,240 SF
- Zone code
- B-4 CENTRAL BUSINESS
- Property type
- Office properties
- APN
- W-000-0258-009
- APU
- W0000258009
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,496,565
- 6.5%
- $1,381,444
- 7%
- $1,282,770
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,042,142
- Geo Method
- $1,042,142
-
Alternative Use
- Use
- Valuation
- Residential
- $1,712,991
- Hospitality
- $1,569,091
- Educational
- $1,305,465
- Medical
- $1,350,362
- Retail
- $2,030,723
Location Insight
- City
- Richmond
- County
- Richmond City
- State
- Virginia
- Latitude
- 37.5473
- Longitude
- -77.4476
- 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
2020
$15,480
$441,000
$849,000
$1,290,000
-
$441,000
$849,000
$1,290,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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