Financial
Distress signals
Property profile

1201 Old Francis Rd Glen Allen, VA 23059

FOR LEASE
Office buildings
Property ID
US87-0754435
5,798 SF 1.1 ac lot Built 1951
Last sale Jan 2026 · $1,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A two-story office building constructed in 1951 containing 5,885 square feet of office space, with an additional 2,142 square feet of basement storage. The first floor includes 2,859 square feet and the second floor includes 3,026 square feet. The property sits on a 1.24-acre lot and provides 22 parking spaces. It is zoned B-3 and is located near Interstates I-295 and I-95.

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 · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$425k
Assessed land$103k
Assessed improvement$322k
Effective rate0.85%

Value estimate

· Sep 2026
$275k
$248k – $303k
CAP approach$1.04M
Submarket $/SF estimate$838k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$6k
Operating expenses−$10k
NOI · 222,942.86% cap applied$31k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$230/SF
Submarket average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$144 – $372
Qualifying comparables6

Cap rate analysis

How does the asset earn?
222,942.86%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3
Sec. 24-3410. B-3 Business District. A. Purpose. The purpose of the B -3 Business District is to provide a mix of commercial, automotive,...
General categoryCOMMERCIAL
JurisdictionHENRICO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.5
Realty agency19.3
Building Supply15.6

Location

1201 Old Francis Rd Glen Allen, VA 23059
County assessor Recorded deeds · 2 transfers 6 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11541 Nuckols, Glen Allen, VA 23059-5668 $1,025,000 Oct 2024 7,533 SF
11543 Nuckols, Glen Allen, VA 23059-5667 $530,000 Nov 2022 4,298 SF
5207 Hickory Park, Glen Allen, VA 23059-2624 $1,380,000 Dec 2020 4,977 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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