5500 Brook Rd, Richmond, VA 23227

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APN: 784-746-8660

5500 Brook Rd, Richmond, VA 23227

Lot

Land Use
Self-Storage
Lot Area (SF)
Lot Area (Acres)
Zoning
Frontage
Depth

Building

Year Built
Year Renovated
Stories
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
2018-06-08
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

2017
Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around Richmond

Reonomy operates the most comprehensive database for Richmond Self Storage Property and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Richmond commercial real estate professionals. Members from Richmond include brokers, investors and service providers, many of whom specialize in Richmond Self Storage Property.

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Richmond self storage property sold prices and values

The average assessed value of self storage properties in Richmond is $2,429,369. Self storage property sale prices in Richmond have a median of $895,211. The last 24 months of sales history has seen 12 sales, with 8 sales greater than $250,000, 6 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of self storage properties in Richmond over the last 24 months is $33.

Values and sold prices (last 24 months) United States Virginia Richmond
Average price/sqft $328 $125 $42
Median price/sqft $45 $66 $33
Average sold price $3,147,183 $3,005,583 $2,504,703
Median sold price $300,000 $805,000 $895,211
Number of sales 6,111 113 12
Number of sales over $250k 3,301 93 8
Number of sales over $1m 1,620 51 6
Number of sales over $10m 243 9 --
Average total tax amount $17,866 $30,018 $20,431
Average assessed value $827,452 $2,909,214 $2,429,369
Average market value $945,857 $2,909,212 $2,429,369

Richmond self storage property property averages

The average lot size of self storage properties in Richmond is 85,247 sf. This is 10% below the Virginia average. The average building area is 32 sf and the median year built is 1974.

Property averages United States Virginia Richmond
Average lot size 309,374 sf 253,966 sf 142,845 sf
Median lot size 43,532 sf 94,714 sf 85,247 sf
Average building area 211 sf 69 sf 45 sf
Median building area 25 sf 42 sf 32 sf
Median year built 1989 1985 1974
Average number of units 74 21 34
Median number of units 3 9 3

Richmond self storage property total supply

There are 164 self storage properties in Richmond. This is 168% below the Virginia average. The total acerage is 357 acres and the aggregate building area for self storage properties in Richmond is 3,251 sf.

Supply United States Virginia Richmond
Number of parcels 82,825 1,935 164
Aggregate lot acerage 559,859 7,876 357
Aggregate building area 7,842,007 sf 65,140 sf 3,251 sf
Aggregate units 1,070,549 4,277 310

Richmond self storage property industrial mortgages

There are 177 mortgages for self storage properties across Richmond in the Reonomy database. The average value of those mortgages is $4,855,706. This is 35% below the Virginia average.

Debt United States Virginia Richmond
Number of mortgages 103,745 2,654 177
Average value of mortgages $9,798,807 $6,931,894 $4,855,706

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