1500 Commerce Rd, Richmond, VA 23224 Property Records

Richmond City property record for 1500 Commerce Rd, Richmond, VA 23224

Property Summary

Property TypeLight Industrial
Details150,430 sqft · built 1954
Lot Size9.43 acres (410,771 sqft)
OwnerCompany Name on File
Last Sale$2,100,000 (Oct 2018)
Tax Bill$72,408 (2026)
Deeds & MortgagesOct 2018 Sale & Mortgage
APNS-007-0940-015

Property Details

APN / Parcel Number

Primary APNS-007-0940-015

Interior

Stories1 Story
Building Area150,430 sqft Total Area
Basement Area33,840 sqft
Unfinished Basement33,840 sqft

Exterior

Year BuiltBuilt 1954
Effective Year BuiltEffective 1954
Exterior MaterialBrick
Fire ResistanceMasonry Walls, Wood Interior
Roof MaterialBuilt-Up Asphalt
Lot Area410,771 sqft (9.43 acres)
Lot Dimensions528 ft deep x 473 ft wide

Utilities, Heating & Cooling

Cooling SystemHVAC

Location & Zoning

Street Address1500 COMMERCE RD
CityRICHMOND
StateVA
Zip23224-7514
Property CategoryIndustrial
Property TypeIndustrial > Light Industrial
Local Zoning CodeM-2 HEAVY
Legal Description0473.07X0528.00 IRG0009.430 AC
JurisdictionRICHMOND CITY VA
Township / Civil DivisionRICHMOND
Census Block Group2
Census Block2019
Census Tract60700

Owner

1500 Commerce Rd, an industrial property, is owned by a company that bought it in October 2018.

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

Owner of RecordCompany Name on File
Mailing Address6520 W BROAD ST, RICHMOND, VA 23230-2014
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 SaleOct 3, 2018 · Amount on File
Deed SaleOct 3, 2018 · Amount on File
Deed Document Number201820496
Record UpdatedSep 20, 2026

October 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionRICHMOND CITY VA
Recording DateOct 3, 2018
Property Address1500 COMMERCE RD, RICHMOND, VA 23224-7514
Document Number0000020496
Instrument DateSep 11, 2018
Instrument180020496
Transaction TypeTransfer
Record UpdatedSep 6, 2022
Title CompanyATTORNEY

Transaction

AmountAmount on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address6502 W BROAD ST, RICHMOND, VA 23230-2014

Mortgage

Document Number0000020497
DateOct 3, 2018
Instrument180020497
Lender
NameVILLAGE BANK
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2026 property tax bill for 1500 Commerce Rd was $72,408, up 11.5% 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$72,408.00 (+11.47%)$6,034,000 Land $2,888,000 Building $3,146,000$6,034,000 Land $2,888,000 Building $3,146,000
2025$64,956.00
2024$5,003,000 Land $1,857,000 Building $3,146,000
2023$5,003,000 Land $1,857,000 Building $3,146,000
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 1500 Commerce Rd; there have been 16 flood claims nearby since 1978.

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

FEMA Flood ZoneNot on file
Nearby Flood Claims16 (1978–1987)
Claims Outside the SFHA1 of 16
Most Recent ClaimSep 1987 · river or lake flooding

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

Wildfire risk around 1500 Commerce Rd is low, with a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 80% of the US · lower than 71% of Virginia
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond 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 13 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250

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