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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Commercial real estate
10254 Timber Rdg Dr Ashland, VA 23005-8135
Individually Owned
~
Est. High Equity
Property ID
US87-0883350
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1987
Total area
5,982 SF
Lot
1.11 ac (48,352 SF)
Zoning code
M-2
APN
7788-40-9256
UPID
US87-0883350
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Southeastern Underwriters Inc Insurance Agency
-
Newman Fred Insurance Agency
-
Moore Robert Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$562k
Blend (final)
Blend
$810k
Owner & transaction history
Apostolic Renovation House Of God I
Apostolic Renovation House Of God I
since 2025
Last sale
$1.0M
2 recorded transactions
Zoning & alternative use
M-2 · Ashland, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$755,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$810,000
7%
$750,000
Blend value · Realmo final
$810k
Range $729k – $891k · ±10% · vs last sale $1.00M (May 1 2025)
Last sale anchor
$1.00M
May 1 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$135 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,964
Tax year 2024
Assessed value
$859,800
Assessed 2024
Previous assessed
$832,600
+3.3% YoY
Effective rate
0.81%
On assessed value
Assessed land
$215,600
Assessed improvement
$644,200
Land market value
$215,600
Improvement market value
$644,200
Total market value
$859,800
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1987
Heating
HEAT PUMP
Cooling
YES
Total area
5,982 SF
Lot
1.11 ac (48,352 SF)
Zoning code
M-2
APN
7788-40-9256
UPID
US87-0883350
Jurisdiction
HANOVER
Zoning & alternative use
M-2 · Ashland, VA
Zoning M-2 · permitted uses
M-2 · Ashland, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
HEAT PUMP
Cooling
Yes
Lot
1.11 ac
Current owner
From public records · entity-resolved
Apostolic Renovation House Of God I
Individual
Mailing address
8220 WINDMILL WATCH DR, MECHANICSVILLE, VA 23116-2946
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2025
$1,000,000
Apostolic Renovation House Of God I
Bsr2021 LLC
Bargain & Sale Deed
$617,500 · Velocity Commercial Capital LLC
Nov 1, 2021
$760,000
Bsr2021 LLC
Southeastern Insurance Associates L
Warranty Deed
$320,000 · First Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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