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Property profile & analytics
OFF-MARKET
Estimated value
$4,770,000
Auto shops
1390 Richmond Rd Charlottesville, VA 22911-3508
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-1359703
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2004
Total area
5,699 SF
Lot
1.78 ac (77,363 SF)
Zoning code
HIGHWAY COMMERCIAL
APN
07800-00-00-009A0
UPID
US87-1359703
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
-
Flow Kia of Charlottesville Car Dealership
-
Flow Kia of Charlottesville - Parts Auto Parts Store
-
Flow Kia of Charlottesville - Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.77M
Owner & transaction history
Flow 1390 Richnmond LLC · 3 yrs held
Flow 1390 Richnmond LLC
since 2023
Last sale
$4.9M
5 recorded transactions
Zoning & alternative use
HIGHWAY COMMERCIAL · Charlottesville, 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 Charlottesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlottesville 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
$3,425,000
ML approach
$4,465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.77M
Range $4.29M – $5.25M · ±10% · vs last sale $4.93M (Jul 10 2023)
Last sale anchor
$4.93M
Jul 10 2023
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
$837 / 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
Assessed value
$3,342,200
Assessed 2024
Previous assessed
$3,268,500
+2.3% YoY
Assessed land
$2,079,500
Assessed improvement
$1,262,700
Land market value
$2,079,500
Improvement market value
$1,262,700
Total market value
$3,342,200
Applied tax rate
3.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2004
Heating
SPACE
Buildings
2
Stories
1
Total area
5,699 SF
Lot
1.78 ac (77,363 SF)
Zoning code
HIGHWAY COMMERCIAL
APN
07800-00-00-009A0
UPID
US87-1359703
Jurisdiction
ALBEMARLE
Zoning & alternative use
HIGHWAY COMMERCIAL · Charlottesville, VA
Zoning HIGHWAY COMMERCIAL · permitted uses
HIGHWAY COMMERCIAL · Charlottesville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlottesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
SPACE
Stories
1
Buildings
2
Lot
1.78 ac
Current owner
From public records · entity-resolved
Flow 1390 Richnmond LLC
Entity
Mailing address
500 W 5TH ST STE #1800, WINSTON SALEM, NC 27101-3133
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
—
Flow 1390 Richmond LLC
—
Deed
related
$5,751,000 · First Citizens Bank & Trust Co
Jul 10, 2023
$4,925,000
Flow 1390 Richnmond LLC
Sandav LLC
Deed
$4,186,250 · First Citizens Bank & Trust Co
Oct 6, 2016
—
Sandav LLC
—
Deed
related
$2,104,620 · Ally Bk
—
—
Sandav LLC
—
Deed Of Trust
related
$1,803,600 · University Of Va Community Cu
—
—
Sandav LLC
—
Loan Modification
related
$2,104,620 · Ally Bk
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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