Soda Flats
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Very Low ConfidenceTransferred from peer market san-francisco (similarity: 100%) with 11 comparable listings.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $964.00/SF | — | peer_city_transfer |
| Utilities | — | 9.6¢/kWh | OpenEI URDB |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1556/wk | BLS QCEW |
Source Provenance (1)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| Peer City Transfer | economic_similarity | 11 | — | real-time | san-francisco (100%) |
Description
Located in bustling Scott's Addition. Ample off-street parking is available on-site and the floor to ceiling glass allows for fantastic views of the surrounding area. Just a short walk to coffee, restaurants, breweries, cideries, distilleries, movie theaters, entertainment ventures, thousands of loft apartments and dozens of creative companies.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Location
2820-2828 w broad st richmond, va, 23230, richmond, VA 23230
Market Context
As of Q1 2026, the Richmond retail market showed average asking rents near $23.93/SF/yr, and cap rates around 5.1%. Source: multiple brokerages Q1 2026 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 5.1%, asking rent held flat).
Compare it against other retail listings for sale in Richmond, VA to benchmark pricing and space — view the full market.
Retail market FAQ
- What is the typical cap rate for retail in Richmond?
- About 5.1% as of Q1 2026, per multiple brokerages.
Unified Estimate
Very Low ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market san-francisco (similarity: 100%) with 11 comparable listings.
Sale Price History
2023 – 2026 · county sold comps + market trendsFIPS 51087
- Avg Rent ($/SF/yr) (market data)
- Median $/SF (sold)
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Financing Assumptions
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Interest rate: 6.47% (FRED live)
- Loan term: 25 years
- Down payment: 25.0%
- Market comparison: retail in richmond, VA
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