Realmo Analytics

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Financial
Distress signals
Property profile

9954 Mayland Dr Richmond, VA 23233

FOR LEASE
Office buildings
Property ID
US87-0116390
382,944 SF 18.17 ac lot Built 1997
Last sale Oct 2011 · $12,402,570
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. 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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$366k
Tax billed · 2023
Assessed value · 2024$44.06M
Assessed land$3.56M
Assessed improvement$40.50M
Effective rate0.83%

Value estimate

· Oct 2026
$39.06M
$35.15M – $42.96M
Submarket $/SF estimate$39.63M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 277 recorded sales of this use type
Observed band · Q1–Q3$96 – $232

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-1
Sec. 24-3411. M-1 Light Industrial District. A. Purpose. The purpose of the M-1 Light Industrial District is to provide lands for a varie...
General categoryINDUSTRIAL
JurisdictionHENRICO

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 Service14.1
Building Supply13.9
Wholesale Shop13.5

Location

9954 Mayland Dr Richmond, VA 23233
County assessor Recorded deeds · 4 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3957 Westerre, Henrico, VA 23233-1323 $25,000,000 Oct 2023 89,624 SF
3951 Westerre, Henrico, VA 23233-1317 $25,000,000 Oct 2023 80,114 SF
3901 Westerre, Henrico, VA 23233-1341 $118,949,232 Dec 2022 81,212 SF
3900 Westerre, Henrico, VA 23233-1478 $118,949,232 Dec 2022 81,212 SF
200 Westgate, Henrico, VA 23233-7794 $118,949,232 Dec 2022 64,341 SF
3831 Westerre, Henrico, VA 23233-1330 $5,200,000 Oct 2022 25,116 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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