2703 Commerce Rd, Richmond, VA 23234 Property Records

Richmond City property record for 2703 Commerce Rd, Richmond, VA 23234

Property Summary

Property TypeDistribution Warehouse (Regional)
Details1,200,540 sqft · built 2022
Lot Size75.4 acres (3,288,214 sqft)
OwnerCompany Name on Record
Last Sale$8,500,000 (Nov 2017)
Tax Bill$1,564,656 (2026)
Deeds & MortgagesSep 2021 Mortgage
Nov 2022 Sale
+ 3 more
APNS-008-0601-051

Property Details

APN / Parcel Number

Primary APNS-008-0601-051

Interior

Stories1 Story
Building Area1,200,540 sqft Total Area

Exterior

Year BuiltBuilt 2022
Effective Year BuiltEffective 2022
Lot Area3,288,214 sqft (75.4 acres)
Lot Dimensions489 ft deep x 820 ft wide

Utilities, Heating & Cooling

Heating FuelGas
SewerConnected

Location & Zoning

Street Address2703 COMMERCE RD
CityRICHMOND
StateVA
Zip23234-1807
Property CategoryIndustrial
Property TypeIndustrial > Distribution Warehouse (Regional)
Local Zoning CodeMULTIPLE Z
Legal Description0820.52X0489.30 IRG0075.487 AC LOT 1
JurisdictionRICHMOND CITY VA
Township / Civil DivisionRICHMOND
Census Block Group2
Census Block2008
Census Tract60800

Owner

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

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

Owner of RecordCompany Name on Record
Mailing Address11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Owner TypeCompany
VestingPartnership

Deeds, Mortgages & Sale History

DateDocument
Sep 8, 2021Deed of Trust, Mortgage · Commercial Mortgage
CITIZENS BANK NA
Nov 1, 2022Special Warranty Deed, Transfer
ATTORNEY ONLY, ATTORNEY
Jun 21, 2021Special Warranty Deed, Transfer
Jun 14, 2021Intrafamily Transfer, Transfer
Nov 30, 2017Grant Deed, Transfer
NOT AVAILABLE

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 30, 2017 · Amount on Record
Deed SaleNov 30, 2017 · Amount on Record
Deed Document Number201724960
Last Transfer DateJun 14, 2021
Transfer Doc0000017608
Record UpdatedSep 20, 2026

September 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionRICHMOND CITY VA
Property Address2703 COMMERCE RD, RICHMOND, VA 23234
Transaction TypeMortgage
Record UpdatedMar 28, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000025855
DateSep 8, 2021
Instrument210025855
Lender
NameCITIZENS BANK NA
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

November 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionRICHMOND CITY VA
Recording DateNov 1, 2022
Property Address2703 COMMERCE RD, RICHMOND, VA 23234
Document Number0000023811
Instrument DateOct 31, 2022
Instrument220023811
Transaction TypeTransfer
Record UpdatedMar 28, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

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

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address11991 EL CAMINO REAL, SAN DIEGO, CA 92130-2539

June 2021: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionRICHMOND CITY VA
Recording DateJun 21, 2021
Property Address2703 COMMERCE RD, RICHMOND, VA 23234
Document Number0000017608
Instrument DateJun 14, 2021
Instrument210017608
Transaction TypeTransfer
Record UpdatedMar 28, 2023

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name

June 2021: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionRICHMOND CITY VA
Recording DateJun 14, 2021
Property Address2703 COMMERCE RD, RICHMOND, VA 23234
Document Number0000017069
Instrument DateJun 14, 2021
Instrument210017069
Transaction TypeTransfer
Record UpdatedMar 28, 2023

Transaction

Tax$0.00
Additional
  • Intrafamily Transfer
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address411 E FRANKLIN ST STE 400, 400, RICHMOND, VA 23219-2243

November 2017: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionRICHMOND CITY VA
Recording DateNov 30, 2017
Property Address2703 COMMERCE RD, RICHMOND, VA 23234
Document Number0000024960
Instrument DateNov 29, 2017
Instrument24960
Transaction TypeTransfer
Record UpdatedFeb 18, 2021
Title CompanyNOT AVAILABLE

Transaction

AmountAmount Recorded
Tax$8,500.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address411 E FRANKLIN ST #400 RICHMOND VA 232192243, 400, RICHMOND, VA 23219-2243

Tax Assessment & Valuation

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$1,564,656.00 (+1.63%)$130,388,000 (+1.63%) Land $9,930,000 Building $120,458,000$130,388,000 (+1.63%) Land $9,930,000 Building $120,458,000
2025$1,539,564.00 (+7,697,72%)
2024$128,297,000 Land $7,839,000 Building $120,458,000
2023$128,297,000 Land $7,839,000 Building $120,458,000
2020$20.00

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

Flood

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 Policies5 in force

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

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 14 locations within half a mile, as of December 31, 2025

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

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