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Property profile & analytics
FOR SALE
Manufacturing properties
10780 Old Washington Hwy Glen Allen, VA 23060
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0854603
For Sale
1 / 2
Contact for pricing
10780 Old Washington Hwy, Glen Allen, VA 23060
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1958
Total area
40,328 SF
Lot
10.96 ac (477,461 SF)
Zoning code
M-2
APN
771-768-3152
UPID
US87-0854603
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
-
RichPro Pest Management, Inc. Garden Center
-
Oilfield Pipe & Supply Inc Factory Metal Fabrication Plant
-
United Electrical Sales Virginia Industrial Manufacturer Production Facility
-
Affordable Gutters, Siding & Windows by Ron Crumpton Construction Company General Contractor
-
Stromberg Metal Works Inc Production Facility Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.77M
Blend (final)
Blend
$2.25M
Owner & transaction history
Ops Sales Co · 4 yrs held
Ops Sales Co
since 2022
Last sale
$2.4M
1 recorded transaction
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
$2,160,000
ML approach
$2,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.25M
Range $2.02M – $2.47M · ±10% · vs last sale $2.35M (Jan 10 2022)
Last sale anchor
$2.35M
Jan 10 2022
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
$56 / 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
$22,777
Tax year 2024
Assessed value
$2,530,700
Assessed 2024
Previous assessed
$2,530,700
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$669,100
Assessed improvement
$1,861,600
Land market value
$669,100
Improvement market value
$1,861,600
Total market value
$2,530,700
Applied tax rate
3.0000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
For Sale
Year built
1958
Heating
HEAT PUMP
Stories
1
Total area
40,328 SF
Lot
10.96 ac (477,461 SF)
Zoning code
M-2
APN
771-768-3152
UPID
US87-0854603
Jurisdiction
HENRICO
Zoning & alternative use
M-2 · Glen Allen, VAZoning 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
Building & site characteristics
From public records
Year built
1958
Heating
HEAT PUMP
Stories
1
Lot
10.96 ac
Current owner
From public records · entity-resolved
Ops Sales Co
Entity
Free & Clear · 4 yrs held
Mailing address
2981 RICE CRK RD, BARTLESVILLE, OK 74006-7650
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2022
$2,350,000
Ops Sales Co
Alvaco LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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