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Property profile & analytics
OFF-MARKET
Estimated value
$35,440,000
Commercial real estate
10464 Cedar Ln Glen Allen, VA 23059-1949
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-3422461
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2021
Lot
21 ac (914,760 SF)
Zoning code
M-2
APN
7787-17-2488
UPID
US87-3422461
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
-
Keefe supply Warehouse & Storage
-
Kemon VA Warehouse Inc. Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$35.44M
Owner & transaction history
Cardinal Commerce Center South Owne · 1 yrs held
Cardinal Commerce Center South Owne
since 2025
Last sale
$32.2M
2 recorded transactions
Zoning & alternative use
M-2 · Glen Allen, 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 Glen Allen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Allen 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
$41,925,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$35.44M
Range $31.90M – $38.98M · ±10% · vs last sale $32.20M (Jan 9 2025)
Last sale anchor
$32.20M
Jan 9 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
—
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
$164,138
Tax year 2024
Assessed value
$20,263,900
Assessed 2024
Previous assessed
$17,964,600
+12.8% YoY
Effective rate
0.81%
On assessed value
Assessed land
$2,280,100
Assessed improvement
$17,983,800
Land market value
$2,280,100
Improvement market value
$17,983,800
Total market value
$20,263,900
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
2021
Heating
NONE
Lot
21 ac (914,760 SF)
Zoning code
M-2
APN
7787-17-2488
UPID
US87-3422461
Jurisdiction
HANOVER
Zoning & alternative use
M-2 · Glen Allen, VA
Zoning M-2 · permitted uses
M-2 · Glen Allen, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Allen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Heating
NONE
Lot
21 ac
Current owner
From public records · entity-resolved
Cardinal Commerce Center South Owne
Individual
Mailing address
PO BOX 5160, GLEN ALLEN, VA 23058-5160
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
Jan 9, 2025
$32,200,000
Cardinal Commerce Center South Owne
Uspp Cardinal Commerce Center A LLC
Special Warranty Deed
$22,540,000 · Fs Credit Originator LLC
Jun 29, 2022
$37,000
Uspp Cardinal Commerce Center A LLC
Scannell Properties 400 LLC
Special Warranty Deed
—
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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