Richmond City property record for 1516 Commerce Rd, Richmond, VA 23224
| Property Type | Distribution Warehouse (Regional) |
|---|---|
| Details | 10,856 sqft · built 1950 |
| Lot Size | 2.42 acres (105,589 sqft) |
| Owner | Company Name on File |
| Last Sale | $1,675,000 (Mar 2023) |
| Tax Bill | $20,208 (2026) |
| Deeds & Mortgages | Mar 2023 Sale Mar 2023 Transfer |
| APN | S-007-0940-011 |
| Primary APN | S-007-0940-011 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 10,856 sqft Total Area |
| Year Built | Built 1950 |
|---|---|
| Effective Year Built | Effective 1950 |
| Fire Resistance | Masonry Walls, Wood Interior |
| Lot Area | 105,589 sqft (2.42 acres) |
| Lot Dimensions | 528 ft deep x 200 ft wide |
| Cooling System | HVAC |
|---|
| Street Address | 1516 COMMERCE RD |
|---|---|
| City | RICHMOND |
| State | VA |
| Zip | 23224-7514 |
| Property Category | Industrial |
| Property Type | Industrial > Distribution Warehouse (Regional) |
| Local Zoning Code | M-2 HEAVY |
| Legal Description | 0200.00X0528.00 0000.000 |
| Jurisdiction | RICHMOND CITY VA |
| Township / Civil Division | RICHMOND |
| Census Block Group | 2 |
| Census Block | 2019 |
| Census Tract | 60700 |
1516 Commerce Rd, an industrial property, is owned by a company that bought it in March 2023.
Source: Richmond City records, as of August 10, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 1516 COMMERCE RD, RICHMOND, VA 23224-7514 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Mar 23, 2023 | Warranty Deed, Transfer ATTORNEY ONLY, ATTORNEY |
| Mar 16, 2023 | Intrafamily Transfer, Transfer |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Mar 23, 2023 · Amount on File |
| Deed Sale | Mar 23, 2023 · Amount on File |
| Deed Document Number | 20234133 |
| Record Updated | Sep 20, 2026 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | RICHMOND CITY VA |
| Recording Date | Mar 23, 2023 |
| Property Address | 1516 COMMERCE RD, RICHMOND, VA 23224-7514 |
| Document Number | 0000004133 |
| Instrument Date | Mar 21, 2023 |
| Instrument | 230004133 |
| Transaction Type | Transfer |
| Record Updated | Apr 12, 2023 |
| Title Company | ATTORNEY ONLY, ATTORNEY |
| Amount | Amount on Record |
|---|---|
| Tax | $0.00 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|
| Document Type | Intrafamily Transfer |
|---|---|
| Jurisdiction | RICHMOND CITY VA |
| Recording Date | Mar 16, 2023 |
| Property Address | 1516 COMMERCE RD, RICHMOND, VA 23224-7514 |
| Document Number | 0000003794 |
| Instrument Date | Mar 16, 2023 |
| Instrument | 230003794 |
| Transaction Type | Transfer |
| Record Updated | Apr 5, 2023 |
| Tax | $0.00 |
|---|---|
| Amount Accuracy | No Consideration Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 2300 CEDARFIELD PKWY APT 285, 285, HENRICO, VA 23233-1956 |
The 2026 property tax bill for 1516 Commerce Rd was $20,208, up 31.7% from the year before.
Source: Richmond City assessment roll, as of August 10, 2026
| Type | Name |
|---|---|
| State | Virginia |
| Municipality | Richmond City |
| Unified School District | Richmond City Public Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $20,208.00 (+31.67%) | $1,684,000 Land $1,288,000 Building $396,000 | $1,684,000 Land $1,288,000 Building $396,000 |
| 2025 | $15,348.00 | ||
| 2024 | $1,075,000 Land $679,000 Building $396,000 | ||
| 2023 | $1,075,000 Land $679,000 Building $396,000 | ||
| 2020 | $20.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA has no flood map on file for 1516 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 Zone | Not on file |
|---|---|
| Nearby Flood Claims | 16 (1978–1987) |
| Claims Outside the SFHA | 1 of 16 |
| Most Recent Claim | Sep 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 risk around 1516 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 Risk | Low lower than 80% of the US · lower than 71% of Virginia |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CITY OF RICHMOND serves 233,655 people · EPA ID VA4760100 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Feb 2026 |
| Lead | 4 ppb (2023–2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | Organic carbon removal Jul 2020 |
| Monitoring and Reporting | None 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.
Source: FCC Broadband Data Collection, based on 13 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
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