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Property profile & analytics
OFF-MARKET
Warehouses
1140 Wilson Rd Norfolk, VA 23523-2100
Entity Owned
~
Est. High Equity
Property ID
US87-3394465
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1947
Total area
9,348 SF
Lot
0.24 ac (10,498 SF)
Zoning code
C-1
APN
8932705
UPID
US87-3394465
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
-
Appliance Repair Home Appliance Store
-
Auction757.com Trade Show Venue (Bike/Boat/Book/etc) Store
-
Scott Freeman, Auctioneer Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Empire Pro Supply LLC
Empire Pro Supply LLC
since 2026
Last sale
$520,000
5 recorded transactions
Zoning & alternative use
C-1 · Norfolk, 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 Norfolk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norfolk 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$2,156
Tax year 2024
Assessed value
$172,500
Assessed 2024
Previous assessed
$170,200
+1.4% YoY
Effective rate
1.25%
On assessed value
Assessed land
$48,300
Assessed improvement
$124,200
Land market value
$48,300
Improvement market value
$124,200
Total market value
$172,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1947
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
9,348 SF
Lot
0.24 ac (10,498 SF)
Zoning code
C-1
APN
8932705
UPID
US87-3394465
Jurisdiction
NORFOLK CITY
Zoning & alternative use
C-1 · Norfolk, VA
Zoning C-1 · permitted uses
C-1 · Norfolk, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norfolk. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Empire Pro Supply LLC
Entity
Mailing address
5380 MAPLE FRST DR, VIRGINIA BEACH, VA 23464-5409
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2026
$520,000
Empire Pro Supply LLC
Jts Equity LLC
Deed
$416,000 · Jts Equity LLC
Feb 13, 2024
$140,000
Jts Equity LLC
Nza INC
Warranty Deed
—
May 24, 2017
—
Nza INC A Virginia Corporation
—
Deed
related
$140,000 · The City Of Virginia Beach
Dec 29, 2016
$135,000
Nza INC A Virginia Corporation
Lyazid Elmachehour
Warranty Deed
$110,000 · Party III
Oct 16, 2012
$100,000
Lyazid Elamachehour
Stephen L Modlin
Deed
$809 · Donald E Lee
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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