Entity Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
17,796 SF
Lot
11.61 ac (505,844 SF)
Zoning code
O-3C
APN
746-771-7845.061
UPID
US87-0632416
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Construction Company General Contractor
-
Corporate Office
-
Postal Service Courier Service
-
Construction Company General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.54M
CAP Approach
CAP
$3.19M
Comparable Approach
Comparable
$2.73M
Blend (final)
Blend
$3.48M
Owner & transaction history
since 2020
Last sale
$3.2M
2 recorded transactions
Zoning & alternative use
O-3C · Glen Allen, VA
Top alternative use upside
Neighborhood: shopping center
$5.2M
+27.2%
Commercial (general)
$4.4M
+6.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.48M
Value range
$3.13M – $3.83M
±10% around blend
Estimated value / SF
$196 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$3.13M
blend $3.48M
$3.83M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
17,796 SF
Lot area
11.61 ac
Year built
2006
Stories
2
APN
746-771-7845.061
Zoning
O-3C
Assessed value
$4,004,100
Annual tax
$34,035
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.19M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.46M
@ 6.5% CAP return
$3.19M
@ 7% CAP return
$2.96M
4
Sales comparison
Partial preview
Sales approach indication
$2.73M
Range $847k – $2.92M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.48M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 57 sales
$230
-15%
County 201 sales
$156
+26%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $196/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+27%
vs current-use indication
Commercial (general)
Office Building · current use
Auto Repair, Garage
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
6.00%
Implied, in-place cap rate for this office buildings
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.00%
9.0%
NOI (est.)
$224k *
Last sale · Apr 2020
$3.20M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.73M
Move the market yield to see immediate price impact.
Value / SF
$210
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.50%6.00%6.50%
$202k
$3.67M
$3.36M
$3.10M
$224k
$4.07M
$3.73M
$3.45M
$246k
$4.48M
$4.11M
$3.79M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$34,035
Tax year 2023
Assessed value
$4,004,100
Assessed 2024
Previous assessed
$4,004,100
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$450,600
Assessed improvement
$3,553,500
Land market value
$450,600
Improvement market value
$3,553,500
Total market value
$4,004,100
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
YES
Stories
2
Total area
17,796 SF
Lot
11.61 ac (505,844 SF)
Zoning code
O-3C
APN
746-771-7845.061
UPID
US87-0632416
Jurisdiction
HENRICO
Zoning & alternative use
O-3C · Glen Allen, VAZoning O-3C · permitted uses
O-3C · Glen Allen, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
11.61 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
O-3C
Jurisdiction
Glen Allen, VA
Recorded code
O-3C
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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