Financial
Distress signals
Property profile

16388 Industrial Dr Milford, VA 22514

OFF-MARKET
Commercial real estate
Property ID
US87-0831366
4,247 SF 5 ac lot Built 1966
Last sale Sep 2025 · $325,800
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$233k
Assessed land$70k
Assessed improvement$163k
Effective rate0.77%

Value estimate

· Sep 2026
$475k
$428k – $523k
AI approach$475k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
County average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$78 – $251
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1
JurisdictionCAROLINE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.8
Garden Center8.3
Building Supply6.0

Location

16388 Industrial Dr Milford, VA 22514-2153
County assessor Recorded deeds · 6 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15476 Nelson Hl, Milford, VA 22514-2023 $330,000 Mar 2024 3,300 SF
17205 Richmond, Milford, VA 22514-2212 $520,000 Feb 2022 2,240 SF
18541 Sparta, Milford, VA 22514-2300 $750,000 Aug 2020 2,880 SF
16360 Industrial, Milford, VA 22514-2153 $480,000 Oct 2019 21,368 SF
17155 Richmond, Milford, VA 22514-2210 $500,000 Oct 2018 1,270 SF
19123 Passing, Milford, VA 22514-2829 $160,000 Sep 2018 6,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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