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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Medical Office Space
1343 Williamsburg Rd Sandston, VA 23150-1723
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-1264330
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Total area
3,993 SF
Lot
0.88 ac (38,416 SF)
Zoning code
O-2
APN
833-714-6304
UPID
US87-1264330
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
-
Monacell Orthodontics Dental Office
-
East End Orthodontics Dental Office
-
Dr. John F. Monacell, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
$636k
Blend (final)
Blend
$875k
Owner & transaction history
Fan-janes Properties LLC · 2 yrs held
Fan-janes Properties LLC
since 2024
Last sale
$874,182
2 recorded transactions
Zoning & alternative use
O-2 · Sandston, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+57.9%
Auto repair, garage
$875,000
+18.1%
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 Sandston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandston 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
$875,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$810,000
7%
$750,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$740,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,165,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$875,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$625,000
Change: -16% · Conversion: Difficult
OFFICE BUILDING
$620,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $874k (May 8 2024)
Last sale anchor
$874k
May 8 2024
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
$219 / 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
$5,595
Tax year 2023
Assessed value
$658,200
Assessed 2024
Previous assessed
$658,200
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$119,500
Assessed improvement
$538,700
Land market value
$119,500
Improvement market value
$538,700
Total market value
$658,200
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1992
Heating
HEAT PUMP
Stories
1
Total area
3,993 SF
Lot
0.88 ac (38,416 SF)
Zoning code
O-2
APN
833-714-6304
UPID
US87-1264330
Jurisdiction
HENRICO
Zoning & alternative use
O-2 · Sandston, VA
Zoning O-2 · permitted uses
O-2 · Sandston, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$740,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$875,000
RETAIL STORES
Est. value
$625,000
OFFICE BUILDING
Est. value
$620,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1992
Heating
HEAT PUMP
Stories
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Fan-janes Properties LLC
Entity
Mailing address
1616 SWANSBURY DR, HENRICO, VA 23238-4628
Ownership since
2024
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
May 8, 2024
$874,182
Fan-janes Properties LLC
Whiteside Properties LLC
Warranty Deed
$699,345 · Fifth Third Bank National Associati
Mar 16, 2005
—
Whiteside Properties LLC
J & J Properties
Grant Deed
related
—
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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