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Property profile & analytics
OFF-MARKET
Estimated value
$3,785,000
Super regional malls
12412 Gayton Rd, Henrico, VA 23238-2269
Entity Owned
4-yr Hold
Free & Clear
Property ID
US87-0095492
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1986
Total area
74,348 SF
Lot
7.43 ac (323,651 SF)
Zoning code
B-3
APN
732-751-0561
UPID
US87-0095492
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
$3.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.66M
Blend (final)
Blend
$3.79M
Owner & transaction history
The Heights Church INC · 4 yrs held
The Heights Church INC
since 2022
Last sale
$4.2M
6 recorded transactions
Zoning & alternative use
B-3 · Henrico, 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 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
$3,270,000
ML approach
$3,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.79M
Range $3.41M – $4.16M · ±10% · vs last sale $4.19M (Apr 1 2022)
Last sale anchor
$4.19M
Apr 1 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
$51 / 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
$29,152
Tax year 2023
Assessed value
$3,429,700
Assessed 2024
Previous assessed
$3,429,700
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$3,236,500
Assessed improvement
$193,200
Land market value
$3,236,500
Improvement market value
$193,200
Total market value
$3,429,700
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1986
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
74,348 SF
Lot
7.43 ac (323,651 SF)
Zoning code
B-3
APN
732-751-0561
UPID
US87-0095492
Jurisdiction
HENRICO
Zoning & alternative use
B-3 · Henrico, VA
Zoning B-3 · permitted uses
B-3 · 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.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Cooling
Yes
Stories
1
Lot
7.43 ac
Current owner
From public records · entity-resolved
The Heights Church INC
Entity
Free & Clear · 4 yrs held
Mailing address
4901 DICKENS RD STE #100, RICHMOND, VA 23230-1952
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
May 23, 2024
—
The Heights Church INC
—
Deed
related
$1,900,000 · Wesleyan Investment Foundation INC
May 1, 2023
—
The Heights Church INC
—
Deed
related
$6,000,000 · Wesleyan Investment Foundation INC
Apr 1, 2022
$4,192,390
The Heights Church INC
Ridgeview INC
Special Warranty Deed
—
Apr 1, 2022
—
The Heights Church INC
—
Deed
related
$12,000,000 · Wesleyan Investment Foundation INC
Sep 30, 2011
—
Wilton Companies LLC
—
Deed Of Trust
related
$8,000,000 · Regions Bank
Jun 30, 2006
$500,000
Ridgeview INC
Protective Life Insurance
Grant Deed
—
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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