Richmond City property record for 501 Commerce Rd, Richmond, VA 23224
| Property Type | General Industrial |
|---|---|
| Details | 7,563 sqft · built 1979 |
| Lot Size | 0.36 acres (15,682 sqft) |
| Owner | Company Name on File |
| Last Sale | $550,000 (Oct 2019) |
| Tax Bill | $11,808 (2026) |
| Deeds & Mortgages | Feb 2021 Mortgage Oct 2019 Sale & Mortgage |
| APN | S-000-0275-001 |
| Primary APN | S-000-0275-001 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 7,563 sqft Total Area |
| Year Built | Built 1979 |
|---|---|
| Effective Year Built | Effective 1979 |
| Fire Resistance | Masonry Walls, Wood Interior |
| Lot Area | 15,682 sqft (0.36 acres) |
| Lot Dimensions | 120 ft deep x 219 ft wide |
| Heating Fuel | Gas |
|---|---|
| Sewer | Connected |
| Street Address | 501 COMMERCE RD |
|---|---|
| City | RICHMOND |
| State | VA |
| Zip | 23224-5413 |
| Property Category | Industrial |
| Property Type | Industrial > General Industrial |
| Local Zoning Code | B-3 GENERA |
| Legal Description | 0219.86X0120.16 IRG0000.000 |
| Jurisdiction | RICHMOND CITY VA |
| Township / Civil Division | RICHMOND |
| Census Block Group | 2 |
| Census Block | 2005 |
| Census Tract | 61001 |
501 Commerce Rd, an industrial property, is owned by a company that bought it in October 2019.
Source: Richmond City records, as of August 10, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 501 COMMERCE RD, RICHMOND, VA 23224-5413 |
| 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 |
|---|---|
| Feb 16, 2021 | Deed of Trust, Mortgage · SBA Mortgage BUSINESS FINANCE GROUP INC |
| Oct 31, 2019 | Special Warranty Deed, Transfer · Commercial Mortgage VILLAGE BANK |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Oct 31, 2019 · Amount on File |
| Deed Sale | Oct 31, 2019 · Amount on File |
| Prior Sale | Nov 4, 2015 · Amount on File |
| Deed Document Number | 201922784 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | RICHMOND CITY VA |
| Property Address | 501 COMMERCE RD, RICHMOND, VA 23224-5413 |
| Transaction Type | Mortgage |
| Record Updated | Sep 6, 2022 |
| Title Company | ATTORNEY |
| Name | Verified Name |
|---|
| Document Number | 0000004461 |
|---|---|
| Date | Feb 16, 2021 |
| Instrument | 210004461 |
| Name | BUSINESS FINANCE GROUP INC |
|---|
| Type | SBA Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 301 Months |
| Due | Mar 1, 2046 |
| Rate Type | Fixed Rate |
|---|
| Document Type | Special Warranty Deed |
|---|---|
| Jurisdiction | RICHMOND CITY VA |
| Recording Date | Oct 31, 2019 |
| Property Address | 501 COMMERCE RD, RICHMOND, VA 23224-5413 |
| Document Number | 0000022784 |
| Instrument Date | Oct 28, 2019 |
| Instrument | 190022784 |
| Transaction Type | Transfer |
| Record Updated | Sep 6, 2022 |
| Title Company | ATTORNEY |
| Amount | Amount on Record |
|---|---|
| Tax | $0.00 |
| Amount Accuracy | Full Amount Stated |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 204 RIVERS BEND BLVD, CHESTER, VA 23836-2838 |
| Investor | Possibly a Property Investor |
| Document Number | 0000022785 |
|---|---|
| Date | Oct 31, 2019 |
| Instrument | 190022785 |
| Name | VILLAGE BANK |
|---|
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
| Rate Type | Fixed Rate |
|---|
The 2026 property tax bill for 501 Commerce Rd was $11,808, up 6.3% 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 | $11,808.00 (+6.26%) | $984,000 Land $259,000 Building $725,000 | $984,000 Land $259,000 Building $725,000 |
| 2025 | $11,112.00 | ||
| 2024 | $926,000 Land $201,000 Building $725,000 | ||
| 2023 | $926,000 Land $201,000 Building $725,000 | ||
| 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 501 Commerce Rd.
Source: FEMA National Flood Hazard Layer
| FEMA Flood Zone | Not on file |
|---|
Values are read at the parcel center point; lenders make the official flood determination.
The area around 501 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 Risk | Not rated no burnable land within 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 303 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 2,000 / 250 |
| Verizon Fiber · Fixed Wireless in parts of the area | 980 / 880 |
| AT&T Fixed Wireless | 100 / 20 |
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