1125 Commerce Rd, Richmond, VA 23224 Property Records

Richmond City property record for 1125 Commerce Rd, Richmond, VA 23224 · Last verified August 2026

Property Summary

Property Type	Apartment House (100+ Units)
Details	82,440 sqft · built 1954
Lot Size	3.27 acres (142,441 sqft)
Owner	Company Name on File
Last Sale	$2,300,000 (Dec 2018)
Tax Bill	$316,452 (2026)
Deeds & Mortgages	Dec 2018 Sale & Mortgage
APN	`S-000-0633-001`

Property Details

APN / Parcel Number

Primary APN	`S-000-0633-001`

Interior

Units	139 Units
Stories	2 Stories
Building Area	82,440 sqft Total Area

Exterior

Year Built	Built 1954
Effective Year Built	Effective 1954
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	142,441 sqft (3.27 acres)
Lot Dimensions	363 ft deep x 334 ft wide

Utilities, Heating & Cooling

Cooling System	HVAC

Location & Zoning

Street Address	1125 COMMERCE RD
City	RICHMOND
State	VA
Zip	23224-7509
Property Category	Commercial
Property Type	Residential > Multi-Unit > Apartment House (100+ Units)
Legal Description	0334.18X0363.97 IRG0003.278 AC
Legal Subdivision	SPA LOFTS
Jurisdiction	RICHMOND CITY VA
Township / Civil Division	RICHMOND
Census Block Group	1
Census Block	1014
Census Tract	60200

Owner

Source: Richmond City records · APN S-000-0633-001

Assessment roll updated August 10, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	3810 W BROAD ST, 200, RICHMOND, VA 23230-3995
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Dec 03, 2018 · Amount on Record
Deed Sale	Dec 03, 2018 · Amount on Record
Prior Sale	Aug 03, 2016 · Amount on Record
Deed Document Number	201824578
Record Updated	Sep 20, 2026

December 2018: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	RICHMOND CITY VA
Recording Date	Dec 03, 2018
Property Address	1125 COMMERCE RD, RICHMOND, VA 23224-7509
Document Number	0000024578
Instrument Date	Nov 30, 2018
Instrument	180024578
Transaction Type	Transfer
Record Updated	Apr 18, 2022
Title Company	CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1310 ROSENEATH RD STE 200, 200, RICHMOND, VA 23230-4632

Mortgage

Document Number	0000024579
Date	Dec 03, 2018
Instrument	180024579

Lender

Name	VIRGINIA COMMONWEALTH BANK

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Richmond City records · Assessment roll updated August 10, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Virginia
Municipality	Richmond City
Unified School District	Richmond City Public Schools (PK - 12)

Tax Bill & Assessment History

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$316,452.00 (+23.04%)	$26,371,000 (+17.87%) Land $3,475,000 Building $22,896,000	$26,371,000 (+17.87%) Land $3,475,000 Building $22,896,000
2025	$257,184.00 (+1,285,82%)
2024		$22,373,000 Land $3,475,000 Building $18,898,000
2023			$22,373,000 Land $3,475,000 Building $18,898,000
2020	$20.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer · FEMA OpenFEMA NFIP redacted claims and policies, census block group 517600602001, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Not on file
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	2 in force
Nearby Flood Claims	18 (1979–2003)
Claims Outside the SFHA	1 of 18
Most Recent Claim	Sep 2003, tidal / storm surge, Hurricane Isabel

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

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.

Historic Designation

Source: NPS National Register of Historic Places · August 1, 2026 release · Last verified October 2026

Historic District	Within 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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 295 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Xfinity	Cable	2,000 / 250
Verizon	Fiber	980 / 880
T-Mobile USA	Fixed Wireless	100 / 20

May also be available at this address: Verizon. Availability varies by address; speeds are provider-advertised maximums, not measured.