Financial
Distress signals
Property profile

11023 Washington Hwy Glen Allen, VA 23059

OFF-MARKET
Commercial real estate
Property ID
US87-0886491
38,400 SF 16.9 ac lot Built 1973
Last sale May 2024 · $6,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$26k
Tax billed · 2024
Assessed value$3.25M
Assessed land$1.84M
Assessed improvement$1.41M
Effective rate0.81%

Value estimate

· Sep 2026
$6.75M
$6.08M – $7.43M
AI approach$6.75M
CAP approach$5.19M
Sales comparison$4.79M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$245/SF
Submarket average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$125 – $429

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?
M-2
The purpose of this district is to provide for a wide variety of light manufacturing, fabricating, processing, wholesale distributing, an...
General categoryINDUSTRIAL
JurisdictionHANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.0
Restaurant9.7
Electrical Service9.6

Location

11023 Washington Hwy Glen Allen, VA 23059-1963
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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
11028 Washington, Glen Allen, VA 23059-1904 $930,000 Jan 2026 8,504 SF
15426 Pouncey Tract, Glen Allen, VA 23059 $450,000 Apr 2025 1,947 SF
10231 Washington, Glen Allen, VA 23059-1961 $3,288,000 Nov 2024 13,260 SF
14247 Mtn, Glen Allen, VA 23059-1628 $925,000 Aug 2023 9,573 SF
11036 Cobbs, Glen Allen, VA 23059-1801 $265,000 Oct 2022 2,511 SF
10401 Knotty Pne, Glen Allen, VA 23059-1924 $1,500,000 Aug 2022 14,478 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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