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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Office Spaces
1144 Professional Dr Williamsburg, VA 23185-3330
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US87-2580779
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1987
Total area
3,200 SF
Lot
0.38 ac (16,683 SF)
Zoning code
PUD PUD (PLANNED UNIT DEV
APN
2107.639.789
UPID
US87-2580779
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
-
Allergy Partners of Hampton Roads Medical Clinic
-
Joan Brauckmann, MD- Allergy Partners of Eastern Virginia Physician Medical Clinic
-
Eric Karlin, M.D. Physician Medical Clinic
-
Timothy Campbell, M.D. Physician Medical Clinic
-
Stephen Shield, M.D. Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$499k
Blend (final)
Blend
$520k
Owner & transaction history
Patriot Med Offices · 15 yrs held
Patriot Med Offices
since 2011
2 recorded transactions
Zoning & alternative use
PUD PUD (PLANNED UNIT DEV · Williamsburg, 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 Williamsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamsburg 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10%
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
$163 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,705
Tax year 2023
Assessed value
$436,300
Assessed 2023
Previous assessed
$404,400
+7.9% YoY
Effective rate
0.62%
On assessed value
Assessed land
$105,100
Assessed improvement
$331,200
Land market value
$105,100
Improvement market value
$331,200
Total market value
$436,300
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1987
Heating
ELECTRIC
Cooling
CENTRAL
Stories
1
Units
3
Total area
3,200 SF
Lot
0.38 ac (16,683 SF)
Zoning code
PUD PUD (PLANNED UNIT DEV
APN
2107.639.789
UPID
US87-2580779
Jurisdiction
WILLIAMSBURG CITY
Zoning & alternative use
PUD PUD (PLANNED UNIT DEV · Williamsburg, VA
Zoning PUD PUD (PLANNED UNIT DEV · permitted uses
PUD PUD (PLANNED UNIT DEV · Williamsburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamsburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
ELECTRIC
Cooling
Yes
Stories
1
Units
3
Lot
0.38 ac
Current owner
From public records · entity-resolved
Patriot Med Offices
Individual
Mailing address
PO BOX 2407, SKYLAND, NC 28776-2407
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2021
—
Patriot Medical Offices LLC
—
Deed
related
$484,500 · First Citizens Bank & Trust Company
Apr 19, 2011
$450,000
Patriot Med Offices
E & A Assoc
Warranty Deed
$382,500 · First Citizens Bank & Tru
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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