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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Office buildings
13801 Vlg Ml Dr Midlothian, VA 23114-4382
Entity Owned
4-yr Hold
Free & Clear
Property ID
US87-0502655
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
3,328 SF
Lot
0.08 ac (3,398 SF)
Zoning code
C3 - COMMUNITY BUS DIST
APN
728-70-70-26-900-000
UPID
US87-0502655
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
-
Homiller Law Firm Law Firm
-
Thomas H. Gays II, P.L.C. Law Firm
-
ICHCC Association / Organization
-
Cindy Shumaker - State Farm Insurance Agent Insurance Agency
-
May Physical Therapy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
$600k
Comparable Approach
Comparable
$561k
Blend (final)
Blend
$695k
Owner & transaction history
Vinson Investments INC · 4 yrs held
Vinson Investments INC
since 2021
Last sale
$725,000
1 recorded transaction
Zoning & alternative use
C3 - COMMUNITY BUS DIST · Midlothian, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$825,000
+19.3%
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 Midlothian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midlothian 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
$745,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
$650,000
6.5%
$600,000
7%
$555,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$690,000
Current use
AUTO REPAIR, GARAGE
$825,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$670,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $725k (Dec 7 2021)
Last sale anchor
$725k
Dec 7 2021
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
$209 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,753
Tax year 2024
Assessed value
$525,300
Assessed 2024
Previous assessed
$552,800
-5.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$28,700
Assessed improvement
$496,600
Land market value
$28,700
Improvement market value
$496,600
Total market value
$525,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Heating
NONE
Stories
1
Total area
3,328 SF
Lot
0.08 ac (3,398 SF)
Zoning code
C3 - COMMUNITY BUS DIST
APN
728-70-70-26-900-000
UPID
US87-0502655
Jurisdiction
CHESTERFIELD
Zoning & alternative use
C3 - COMMUNITY BUS DIST · Midlothian, VA
Zoning C3 - COMMUNITY BUS DIST · permitted uses
C3 - COMMUNITY BUS DIST · Midlothian, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Midlothian. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$825,000
RETAIL STORES
Est. value
$670,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
1985
Heating
NONE
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Vinson Investments INC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 189, PRINCE GEORGE, VA 23875-0189
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
$725,000
Vinson Investments INC
R & R Enterprises LLC
Warranty 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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