2623 MainRichmond, VA 23220

  • Retail properties
  • 2,906 SF
Off market
$1,080,000 Estimated

Property Details for 2623 Main

Year built
1900
Construction
TYPE NOT SPECIFIED
Lot size
0.20 AC
Property size (Sq ft)
2,906 SF
Zone code
URBAN BUSINESS
Property type
Retail properties
Property subtype
Turn key restaurants
APN
W-000-1160-001
APU
W0001160001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $942,778
    6.5%
    $870,256
    7%
    $808,095
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,223,034
    Geo Method
    $1,223,034
  • Alternative Use

    Use
    Valuation
    Residential
    $734,094
    Hospitality
    $672,426
    Educational
    $559,451
    Medical
    $578,691
    Retail
    $870,256
2623 Main, Richmond, Virginia

Location Insight

City
Richmond
County
Richmond City
State
Virginia
Latitude
37.5519
Longitude
-77.4743
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
$20
$447,000
$633,000
$1,080,000
-
$447,000
$633,000
$1,080,000

FAQs

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