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Property profile & analytics
OFF-MARKET
Estimated value
$6,660,000
Hospitals
12411 Gayton Rd Henrico, VA 23238-2272
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-3987686
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1987
Total area
59,499 SF
Lot
5.02 ac (218,758 SF)
Zoning code
R-5
APN
732-751-7846
UPID
US87-3987686
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.49M
Blend (final)
Blend
$6.66M
Owner & transaction history
Ridge Group Properties LLC · 3 yrs held
Ridge Group Properties LLC
since 2022
Last sale
$7.4M
6 recorded transactions
Zoning & alternative use
R-5 · Henrico, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.8M
+9.3%
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 Henrico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henrico 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
$5,760,000
ML approach
$6,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$9,910,000
Current use
AUTO REPAIR, GARAGE
$10,835,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,775,000
Change: -1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,565,000
Change: -3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$9,395,000
Change: -5% · Conversion: Easy
OFFICE BUILDING
$8,800,000
Change: -11% · Conversion: Easy
RETAIL STORES
$8,570,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$6.66M
Range $5.99M – $7.33M · ±10% · vs last sale $7.39M (Nov 14 2022)
Last sale anchor
$7.39M
Nov 14 2022
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
$112 / 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
$65,810
Tax year 2023
Assessed value
$7,928,900
Assessed 2024
Previous assessed
$7,928,900
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$984,400
Assessed improvement
$6,944,500
Land market value
$984,400
Improvement market value
$6,944,500
Total market value
$7,928,900
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1987
Heating
HEAT PUMP
Stories
3
Rooms
140
Bathrooms
126
Total area
59,499 SF
Lot
5.02 ac (218,758 SF)
Zoning code
R-5
APN
732-751-7846
UPID
US87-3987686
Jurisdiction
HENRICO
Zoning & alternative use
R-5 · Henrico, VA
Zoning R-5 · permitted uses
R-5 · Henrico, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Henrico. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$9.9M
AUTO REPAIR, GARAGE
Est. value
$10.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.6M
COMMERCIAL (GENERAL)
Est. value
$9.4M
OFFICE BUILDING
Est. value
$8.8M
RETAIL STORES
Est. value
$8.6M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Heating
HEAT PUMP
Stories
3
Rooms
140
Bathrooms
126
Lot
5.02 ac
Current owner
From public records · entity-resolved
Ridge Group Properties LLC
Entity
Mailing address
410 MONMOUTH AVE APT #304, LAKEWOOD, NJ 08701-3747
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2022
$7,389,100
Ridge Group Properties LLC
12411 Gayton Road LLC
Special Warranty Deed
$8,640,000 · Presidential Bank Fsb
Nov 14, 2022
$1,255,367
Wg Richmond LLC
12411 Gayton Road LLC
Special Warranty Deed
—
Oct 8, 2019
$4,950,000
12411 Gayton Road LLC
Lynmoore One Real Estate LLC
Special Warranty Deed
$6,140,000 · Pangea Mortgage Capital LLC
Aug 13, 2007
$9,035,000
Lynnmore One Real Estate INC
Conoti Corp
Grant Deed
$10,000,000 · Column Financial INC
May 27, 2004
—
Conotti Corp
—
Deed Of Trust
related
$5,000,000 · Branch Banking & Trust Co Va
—
—
Lynmoore One Real Estate LLC
—
Deed Of Trust
related
$4,949,900 · Sonabank NA
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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