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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Commercial real estate
14038 Spicers Ml Rd Orange, VA 22960-2328
Individually Owned
9-yr Hold
Free & Clear
Property ID
US87-1348304
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Total area
28,148 SF
Lot
4.5 ac (196,194 SF)
Zoning code
TI TRAD INDUSTRIAL
APN
028-00-00-00-0018
UPID
US87-1348304
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$929k
Blend (final)
Blend
$985k
Owner & transaction history
Alex K George · 9 yrs held
Alex K George
since 2017
7 recorded transactions
Zoning & alternative use
TI TRAD INDUSTRIAL · Orange, 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 Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10%
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
$35 / 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
$2,375
Tax year 2023
Assessed value
$284,200
Assessed 2023
Previous assessed
$284,200
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$109,700
Assessed improvement
$174,500
Land market value
$109,700
Improvement market value
$174,500
Total market value
$284,200
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1950
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
8
Bathrooms
4
Total area
28,148 SF
Lot
4.5 ac (196,194 SF)
Zoning code
TI TRAD INDUSTRIAL
APN
028-00-00-00-0018
UPID
US87-1348304
Jurisdiction
ORANGE
Zoning & alternative use
TI TRAD INDUSTRIAL · Orange, VA
Zoning TI TRAD INDUSTRIAL · permitted uses
TI TRAD INDUSTRIAL · Orange, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orange. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
4
Lot
4.5 ac
Current owner
From public records · entity-resolved
Alex K George
Individual
Free & Clear · 9 yrs held
Mailing address
485 LENDALL LN, FREDERICKSBURG, VA 22405-1500
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2017
$225,000
Alex K George
14038 Spicers Mill Road LLC
Grant Deed
—
Feb 28, 2017
—
14038 Spicers Mill Road LLC
—
Deed
related
$200,000 · * Other Institutional Lenders
Jan 8, 2016
—
14038 Spicers Mill Road LLC
Food Assistance
Warranty Deed
related
—
Dec 29, 2015
$100,000
Food Assistance INC
Bech Foundation LLC
Grant Deed
—
Dec 29, 2015
—
14038 Spivers Mill Road LLC
—
Deed Of Trust
related
$1,500,000 · Private Individual
Mar 11, 2015
—
Foundation Dev Corp
Bech Foundation LLC
Quit Claim Deed
related
—
May 27, 2014
—
Bech Foundation LLC
Foundation Commercial LLC
Quit Claim Deed
related
—
Jul 30, 2012
$274,050
Foundation Commercial LLC
Geiger Jeffrey P
Trustees Deed
$250,000 · James Knowles
—
—
Foundation Commercial LLC
—
Deed Of Trust
related
$300,000 · Tw Ents INC
—
—
14038 Spicers Mill Road LLC
—
Deed Of Trust
related
$200,000 · * Other Institutional Lenders
—
—
Spicers Mill Land Development
—
Deed Of Trust
related
$260,000 · Branch Banking & Trust Co Va
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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