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Property profile & analytics
OFF-MARKET
Estimated value
$5,215,000
Commercial real estate
11253 Leadbetter Rd Ashland, VA 23005-3403
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-0314352
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1986
Total area
48,575 SF
Lot
3.35 ac (145,926 SF)
Zoning code
M-3
APN
7788-85-4038
UPID
US87-0314352
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
-
Moss Supply Co Inc Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.22M
CAP Approach
CAP
$6.56M
Comparable Approach
Comparable
$5.74M
Blend (final)
Blend
$5.22M
Owner & transaction history
Leadbetter 11253 Associates LLC · 2 yrs held
Leadbetter 11253 Associates LLC
since 2024
Last sale
$5.2M
3 recorded transactions
Zoning & alternative use
M-3 · 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
$5,215,000
ML approach
$5,215,000
CAP Approach
CAP Return
Estimation
6%
$7,105,000
6.5%
$6,560,000
7%
$6,090,000
Blend value · Realmo final
$5.22M
Range $4.69M – $5.74M · ±10% · vs last sale $5.22M (Apr 24 2024)
Last sale anchor
$5.22M
Apr 24 2024
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
$107 / 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
$23,083
Tax year 2024
Assessed value
$2,849,700
Assessed 2024
Previous assessed
$2,736,500
+4.1% YoY
Effective rate
0.81%
On assessed value
Assessed land
$621,700
Assessed improvement
$2,228,000
Land market value
$621,700
Improvement market value
$2,228,000
Total market value
$2,849,700
Applied tax rate
1.0000
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
1986
Heating
HEAT PUMP
Cooling
YES
Total area
48,575 SF
Lot
3.35 ac (145,926 SF)
Zoning code
M-3
APN
7788-85-4038
UPID
US87-0314352
Jurisdiction
HANOVER
Zoning & alternative use
M-3 · Ashland, VA
Zoning M-3 · permitted uses
M-3 · 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
1986
Heating
HEAT PUMP
Cooling
Yes
Lot
3.35 ac
Current owner
From public records · entity-resolved
Leadbetter 11253 Associates LLC
Entity
Mailing address
2031 WESTWOOD AVE, RICHMOND, VA 23230-4114
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2024
$5,215,000
Leadbetter 11253 Associates LLC
Ashland Leadbetter Rd LLC
Special Warranty Deed
$2,500,000 · Village Bank
Apr 2, 2024
$3,400,000
Ashland Leadbetter Rd LLC
R C Investors LLC
Special Warranty Deed
—
Nov 26, 2007
$961,950
R C Investors LLC
Moss Realty Co
Grant Deed
$950,000 · Moss Realty Co
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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