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Property profile & analytics
OFF-MARKET
Commercial real estate
12610 Patrick Henry Dr Newport News, VA 23602-9538
Entity Owned
1-yr Hold
Free & Clear
Property ID
US87-0990614
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2007
Construction
FRAME
Total area
1,443 SF
Lot
0.03 ac (1,307 SF)
Zoning code
M1
APN
90000259
UPID
US87-0990614
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
-
Miller Walsh & Kutz PLLC Law Firm
-
American Capital Funding Insurance Agency
-
DeRonda M. Short, PLLC Law Firm
-
Brian Dolan Law Offices, PLLC Law Firm
-
Hunter Law Firm Law Firm
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
Hunter Properties · 1 yrs held
Hunter Properties
since 2025
Last sale
$407,500
7 recorded transactions
Zoning & alternative use
M1 · Newport News, 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 Newport News submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport News 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,075
Tax year 2023
Assessed value
$218,200
Assessed 2023
Previous assessed
$218,200
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$25,000
Assessed improvement
$193,200
Land market value
$25,000
Improvement market value
$193,200
Total market value
$218,200
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Rooms
4
Total area
1,443 SF
Lot
0.03 ac (1,307 SF)
Zoning code
M1
APN
90000259
UPID
US87-0990614
Jurisdiction
NEWPORT NEWS CITY
Zoning & alternative use
M1 · Newport News, VA
Zoning M1 · permitted uses
M1 · Newport News, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newport News. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Rooms
4
Lot
0.03 ac
Current owner
From public records · entity-resolved
Hunter Properties
Entity
Free & Clear · 1 yrs held
Mailing address
12610 PATRICK HENRY DR STE C, NEWPORT NEWS, VA 23602-9538
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2025
—
Hunter Properties
Thomas L Hunter
Deed
—
Dec 9, 2024
$210,000
Green Cloth Holdings LLC
Bb And B Properties LLC
Warranty Deed
—
Nov 6, 2024
$725,000
Airport Condo LLC
Fristo LLC
Warranty Deed
$506,250 · Newport News Shipbuilding Employees
Jul 27, 2023
$407,500
In The Dr LLC
Mwk Properties LLC
Warranty Deed
$348,500 · Townebank
Aug 13, 2021
$300,000
S L & P Property Holdings LLC
Goodwin LP
Warranty Deed
$255,000 · Townebank
May 25, 2021
—
Ptre LLC
—
Deed
related
$335,000 · Truist Bank
Dec 9, 2020
$320,000
James E Wilson
Jason & Rose Millering LLC
Grant Deed
—
Dec 23, 2019
$230,000
Thomas L Hunter
Dds Properties LLC
Grant Deed
$180,000 · Citizens & Farmers Bk
Dec 23, 2019
—
Fristo LLC
—
Deed
related
$50,000 · Towne Bk
Apr 2, 2019
$249,900
Jason & Rose Millering LLC
Gerry Wilkins LLC
Grant Deed
$199,920 · Towne Bk
Apr 1, 2019
$259,900
Fristo LLC
Gerry Wilkins LLC
Grant Deed
—
Feb 13, 2018
—
Ptre LLC
—
Deed
related
$280,000 · Branch Bk&tr
Nov 6, 2017
$359,500
Ptre LLC
Foxx & Foxx LLC
Grant Deed
related
$280,000 · Branch Bk&tr
Oct 5, 2007
$249,000
Mwk Properties LLC
Wilkins,gerry & Donna
Grant Deed
—
—
—
Mwk Properties LLC
—
Deed Of Trust
related
$36,084 · Gerry & Donna Wilkins L L C
—
—
Mwk Properties LLC
—
Deed Of Trust
related
$212,500 · Branch Bk&tr
—
—
Mwk Properties LLC
—
Deed Of Trust
related
$249,000 · Gerry & Donna Wilkins LLC
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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