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Property profile & analytics
OFF-MARKET
Individual retail properties
11421 Polo Cir Midlothian, VA 23113-4823
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0737571
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1998
Total area
9,775 SF
Lot
0.95 ac (41,513 SF)
Zoning code
O2 - CORP OFFICE DIST
APN
741-71-60-43-400-000
UPID
US87-0737571
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
-
Peak Experiences - Midlothian Gym & Fitness Center
-
Greater Richmond School of Music Vocational School Training Center
-
Passages Adventure Camp Training Center Family Recreation Center
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
Peak Props LLC · 6 yrs held
Peak Props LLC
since 2020
7 recorded transactions
Zoning & alternative use
O2 - CORP OFFICE DIST · Midlothian, 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 Midlothian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midlothian 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
$17,466
Tax year 2024
Assessed value
$1,917,300
Assessed 2024
Previous assessed
$1,902,700
+0.8% YoY
Effective rate
0.91%
On assessed value
Assessed land
$296,800
Assessed improvement
$1,620,500
Land market value
$296,800
Improvement market value
$1,620,500
Total market value
$1,917,300
Applied tax rate
5.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1998
Heating
YES
Cooling
YES
Stories
1
Total area
9,775 SF
Lot
0.95 ac (41,513 SF)
Zoning code
O2 - CORP OFFICE DIST
APN
741-71-60-43-400-000
UPID
US87-0737571
Jurisdiction
CHESTERFIELD
Zoning & alternative use
O2 - CORP OFFICE DIST · Midlothian, VA
Zoning O2 - CORP OFFICE DIST · permitted uses
O2 - CORP OFFICE DIST · Midlothian, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Midlothian. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
YES
Cooling
Yes
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Peak Props LLC
Entity
Mailing address
3485 MNR GRV CIR, GLEN ALLEN, VA 23059-4671
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2020
—
Peak Props LLC
—
Deed
related
$50,000 · M & T Bk
May 9, 2017
—
Peak Properties LLC
—
Deed
related
$740,000 · M&t Bk
—
—
Peak Properties LLC
—
Loan Modification
related
$975,000 · Essex Bank
—
—
Peak Props LLC
—
Deed Of Trust
related
$50,000 · M & T Bk
—
—
Peak Properties LLC
—
Deed Of Trust
related
$100,000 · Bank Of Goochland
—
—
Peak Properties LLC
—
Deed Of Trust
related
$740,000 · M&t Bk
—
—
Peak Properties LLC
—
Deed Of Trust
related
$450,000 · Bank Of Goochland
—
—
Peak Properties LLC
—
Deed Of Trust
related
$850,000 · Essex 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.
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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