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1500 Commerce Rd; Richmond, VA Property Details

1500 Commerce Rd, Richmond, VA is a Light Industrial that was built in 1954. This property is currently Financed and is not for sale. Our records show that 1500 Commerce Rd has a total of 150,430 square feet. The lot size of 1500 Commerce Rd is 410,771 square feet.

Off market
1500 Commerce Rd Richmond, VA 23224
$6,034,000 Estimated Value
150,430 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1954
  • Purchase Price: $2,100,000
  • APN: S-007-0940-015
  • Situs County: Richmond City
  • Length Of Ownership: 8 years

Structure

  • Building Style: Other
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Cover Type: Built-up
  • Sewer Type: None
  • Water Source: None

Measurements

  • Total: 150,430/SqFt
  • Lot: 410,771/SqFt
  • Gross: 150,430/SqFt
  • Living: 150,430/SqFt
  • Basement: 33,840/SqFt
  • Building: 150,430/SqFt
  • Basement Unfinished: 33,840/SqFt
  • Price Per Square Foot: $13.96

Legal Description

  • Description: 0473.07X0528.00 IRG0009.430 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: 37.507977 / -77.43039
  • Property Class: Industrial
  • Zoning: M-2 HEAVY
  • County Use Code: 511

Amenities

  • Plus Four: 7514
  • Cooling: Yes

Ownership Info

1500 Commerce Rd has no associated ownership info
1500 Commerce Rd has no associated ownership info.

Taxes

1500 Commerce Rd has 10 associated Taxes items

1500 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 $6,034,000. The APN we've located for 1500 Commerce Rd is S-007-0940-015.

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Taxes
  • Assessed Value:  $6,034,000
  • Assessed Year:  2026
  • Assessed County:  Richmond City
  • APN:  S-007-0940-015
  • Assessed Land Value:  2888000
  • Market Land Value:  2888000
  • Tax Amount:  72408
  • Tax Year:  2026
  • Market Value:  6034000
  • Market Year:  2026

Tax History

1500 Commerce Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $6,034,000 Land Value $2,888,000 Improvement Value $3,146,000 Tax Amount $72,408 Change Rate +0.114724% Assessed CR Tax Rate +0.012%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $64,956 Change Rate +0.081951% Assessed CR Tax Rate
Year 2024 Assessed Value $5,003,000 Land Value $1,857,000 Improvement Value $3,146,000 Tax Amount $60,036 Change Rate Assessed CR Tax Rate +0.012%
Year 2023 Assessed Value $4,310,000 Land Value $1,367,000 Improvement Value $2,943,000 Tax Amount $60,036 Change Rate +0.195174% Assessed CR Tax Rate +0.013929%
Year 2022 Assessed Value $4,186,000 Land Value $1,243,000 Improvement Value $2,943,000 Tax Amount $50,232 Change Rate Assessed CR Tax Rate +0.012%
Year 2021 Assessed Value $4,139,000 Land Value $1,232,000 Improvement Value $2,907,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $2,793,000 Land Value $1,232,000 Improvement Value $1,561,000 Tax Amount $33,516 Change Rate +0.321817% Assessed CR Tax Rate +0.012%
Year 2019 Assessed Value $2,113,000 Land Value $1,215,000 Improvement Value $898,000 Tax Amount $25,356 Change Rate +0.118581% Assessed CR Tax Rate +0.012%
Year 2018 Assessed Value $1,889,000 Land Value $1,026,000 Improvement Value $863,000 Tax Amount $22,668 Change Rate Assessed CR Tax Rate +0.012%
Year 2017 Assessed Value $1,889,000 Land Value $1,026,000 Improvement Value $863,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $1,889,000 Land Value $1,026,000 Improvement Value $863,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $1,889,000 Land Value $1,027,000 Improvement Value $862,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $1,889,000 Land Value $1,027,000 Improvement Value $862,000 Tax Amount $35,372.95 Change Rate Assessed CR Tax Rate +0.018726%