1003 Commerce Rd, Richmond, VA 23224 Property Records

Richmond City property record for 1003 Commerce Rd, Richmond, VA 23224

Property Summary

Property TypeWarehouse, Storage
Details9,760 sqft · built 1970
Lot Size3.47 acres (151,153 sqft)
OwnerCompany Name on File
Last Sale$940,000 (Dec 2014)
Tax Bill$26,544 (2026)
Deeds & MortgagesMar 2017 Loan Modification
APNS-000-0388-004

Property Details

APN / Parcel Number

Primary APNS-000-0388-004

Interior

Stories1 Story
Building Area9,760 sqft Total Area

Exterior

Year BuiltBuilt 1970
Effective Year BuiltEffective 1970
Lot Area151,153 sqft (3.47 acres)
Lot Dimensions467 ft deep x 381 ft wide
Total Buildings5 Buildings

Location & Zoning

Street Address1003 COMMERCE RD
CityRICHMOND
StateVA
Zip23224-7007
Property CategoryIndustrial
Property TypeIndustrial > Warehouse, Storage
Local Zoning CodeM-2 HEAVY
Legal Description0381.18X0467.87 IRG0003.470 AC
JurisdictionRICHMOND CITY VA
Township / Civil DivisionRICHMOND
Census Block Group1
Census Block1007
Census Tract60200

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Manchester Trucking and Commercial Historic District
listed 2019 · 11 contributing resources · NRIS 100003965

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

1003 Commerce Rd, an industrial property, is owned by a company that bought it in December 2014.

Source: Richmond City records, as of August 10, 2026

Owner of RecordCompany Name on File
Mailing Address5300 S PORTLAND AVE, OKLAHOMA CITY, OK 73119-5100
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleDec 11, 2014 · Amount on File
Deed SaleDec 11, 2014 · Amount on File
Deed Book / Page1400 / 21412
Prior Transfer DateDec 5, 2014
Prior Transfer Doc1400021412
Record UpdatedSep 20, 2026

March 2017: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionRICHMOND CITY VA
Property Address1003 COMMERCE RD, RICHMOND, VA 23224-7007
Document Number0000008472
Instrument DateMar 10, 2017
Transaction TypeMortgage
Record UpdatedMay 4, 2017

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address410 HANCOCK ST RICHMOND VA 232203832, RICHMOND, VA 23220-3832

Mortgage

Document Number0000008472
DateApr 28, 2017
Instrument8472
Lender
NameUNION BK&TR
TypeBank
AddressRICHMOND, VA 23219
Agreement
AmountAmount on Record

Tax Assessment & Valuation

The 2026 property tax bill for 1003 Commerce Rd was $26,544, up 31.9% from the year before.

Source: Richmond City assessment roll, as of August 10, 2026

Property Jurisdictions

TypeName
StateVirginia
MunicipalityRichmond City
Unified School DistrictRichmond City Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$26,544.00 (+31.9%)$2,212,000 Land $1,593,000 Building $619,000$2,212,000 Land $1,593,000 Building $619,000
2025$20,124.00
2024$1,465,000 Land $846,000 Building $619,000
2023$1,465,000 Land $846,000 Building $619,000
2020$20.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA has no flood map on file for 1003 Commerce Rd; there have been 18 flood claims nearby since 1979.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims18 (1979–2003)
Claims Outside the SFHA1 of 18
Most Recent ClaimSep 2003 · Hurricane Isabel

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 1003 Commerce Rd has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF RICHMOND
serves 233,655 people · EPA ID VA4760100
Water SourceSurface water
Last State InspectionFeb 2026
Lead4 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureOrganic carbon removal
Jul 2020
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 295 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fiber · Fixed Wireless in parts of the area
980 / 880
T-Mobile
Fixed Wireless
100 / 20

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