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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Hotels
10609 Telegraph Rd Glen Allen, VA 23059-4684
Entity Owned
7-yr Hold
Free & Clear
Property ID
US87-1010788
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2008
Total area
49,205 SF
Lot
1.83 ac (79,671 SF)
Zoning code
B-2C
APN
786-770-9586
UPID
US87-1010788
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
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Candlewood Suites Richmond North-Glen Allen, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$998k
Blend (final)
Blend
$985k
Owner & transaction history
Jp Vcc 2 LLC · 7 yrs held
Jp Vcc 2 LLC
since 2018
7 recorded transactions
Zoning & alternative use
B-2C · 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
by Request
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$720,000
Current use
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10%
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
$20 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$55,335
Tax year 2023
Assessed value
$6,510,000
Assessed 2024
Previous assessed
$6,510,000
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$501,900
Assessed improvement
$6,008,100
Land market value
$501,900
Improvement market value
$6,008,100
Total market value
$6,510,000
Applied tax rate
4.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2008
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
5
Total area
49,205 SF
Lot
1.83 ac (79,671 SF)
Zoning code
B-2C
APN
786-770-9586
UPID
US87-1010788
Jurisdiction
HENRICO
Zoning & alternative use
B-2C · Glen Allen, VA
Zoning B-2C · permitted uses
B-2C · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$720,000
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
HEAT PUMP
Cooling
Yes
Stories
5
Lot
1.83 ac
Current owner
From public records · entity-resolved
Jp Vcc 2 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
8010 W BROAD ST, HENRICO, VA 23294-4218
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2018
$7,350,000
Jp Vcc 2 LLC
Kalyan III INC
Grant Deed
—
Jul 18, 2012
—
Kalyan III INC
—
Deed Of Trust
related
$5,550,000 · Stellarone Bank
Apr 18, 2007
—
Kaylan III INC
—
Trustees Deed
related
$5,850,000 · First Federal Savings Bank
Dec 7, 2006
—
Kaylan IV INC
Kaylan III INC
Quit Claim Deed
related
$8,400,000 · Bank Of Virginia
Feb 17, 2006
$1,000,000
Kaylan III INC
Prime Hospitality Corp
Grant Deed
—
—
—
Kalyan III INC
—
Deed Of Trust
related
$750,000 · First Fsb Va
—
—
Kalyan III INC
—
Deed Of Trust
related
$5,813,188 · Stellarone 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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