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1402 Commerce Rd; Richmond, VA Property Details

1402 Commerce Rd, Richmond, VA is a Light Industrial that was built in 1997. This property is currently Financed and is not for sale. Our records show that 1402 Commerce Rd has a total of 15,002 square feet. The lot size of 1402 Commerce Rd is 57,935 square feet.

Off market
1402 Commerce Rd Richmond, VA 23224
$1,955,000 Estimated Value
15,002 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1997
  • Purchase Price: $1,250,000
  • Open Loans / Balance: 2 / $1,146,569
  • APN: S-007-0940-002
  • Situs County: Richmond City
  • Length Of Ownership: 21 years, 1 months

Structure

  • Building Style: Other
  • Stories: 1
  • Building Condition: Average
  • Building Quality: C-
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 15,002/SqFt
  • Lot: 57,935/SqFt
  • Gross: 15,002/SqFt
  • Living: 15,002/SqFt
  • Building: 15,002/SqFt
  • Price Per Square Foot: $83.32

Legal Description

  • Description: STONEHEAVY L1 BA S1; 0195.30X0299.98IRG 0001.336 AC
Building Insights

Land Information

  • Property Type: Light Industrial
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Richmond City Public Schools
  • Lat / Lon: 37.509815 / -77.43067
  • Subdivision: Stoneheavy
  • Property Class: Industrial
  • Zoning: M-2 HEAVY
  • County Use Code: 511

Amenities

  • Plus Four: 7512
  • Cooling: Yes

Ownership Info

1402 Commerce Rd has no associated ownership info
1402 Commerce Rd has no associated ownership info.

Taxes

1402 Commerce Rd has 10 associated Taxes items

1402 Commerce Rd, Richmond, VA pays taxes in Richmond City County, VA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $1,955,000. The APN we've located for 1402 Commerce Rd is S-007-0940-002.

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Taxes
  • Assessed Value:  $1,955,000
  • Assessed Year:  2026
  • Assessed County:  Richmond City
  • APN:  S-007-0940-002
  • Assessed Land Value:  901000
  • Market Land Value:  901000
  • Tax Amount:  23460
  • Tax Year:  2026
  • Market Value:  1955000
  • Market Year:  2026

Tax History

1402 Commerce Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,955,000 Land Value $901,000 Improvement Value $1,054,000 Tax Amount $23,460 Change Rate +0.532132% Assessed CR Tax Rate +0.012%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $15,312 Change Rate +0.131206% Assessed CR Tax Rate
Year 2024 Assessed Value $1,128,000 Land Value $439,000 Improvement Value $689,000 Tax Amount $13,536 Change Rate Assessed CR Tax Rate +0.012%
Year 2023 Assessed Value $1,087,000 Land Value $316,000 Improvement Value $771,000 Tax Amount $13,536 Change Rate +0.066163% Assessed CR Tax Rate +0.012453%
Year 2022 Assessed Value $1,058,000 Land Value $287,000 Improvement Value $771,000 Tax Amount $12,696 Change Rate Assessed CR Tax Rate +0.012%
Year 2021 Assessed Value $1,002,000 Land Value $255,000 Improvement Value $747,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $1,002,000 Land Value $255,000 Improvement Value $747,000 Tax Amount $12,034 Change Rate +0.014158% Assessed CR Tax Rate +0.01201%
Year 2019 Assessed Value $988,000 Land Value $243,000 Improvement Value $745,000 Tax Amount $11,866 Change Rate +0.132901% Assessed CR Tax Rate +0.01201%
Year 2018 Assessed Value $872,000 Land Value $156,000 Improvement Value $716,000 Tax Amount $10,474 Change Rate Assessed CR Tax Rate +0.012011%
Year 2017 Assessed Value $872,000 Land Value $156,000 Improvement Value $716,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $872,000 Land Value $156,000 Improvement Value $716,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $872,000 Land Value $174,000 Improvement Value $698,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $872,000 Land Value $174,000 Improvement Value $698,000 Tax Amount $10,474 Change Rate Assessed CR Tax Rate +0.012011%