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Property profile & analytics
FOR SALE
Medical Office Space
14404 Sommerville Ct, Midlothian, VA 23113
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US87-0118499
For Sale
1 / 50
$1,100,000
14404 Sommerville Ct, Midlothian, VA 23113
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
3,978 SF
Lot
0.44 ac (19,166 SF)
Zoning code
I1 - LT INDUSTRIAL DIST
APN
722-71-03-50-800-000
UPID
US87-0118499
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
-
Marc Caligtan, MD Physician
-
PainRx: Dr David M Glick, DC DAPPM FASPE CPE Physician
-
Lisa Hall Medical Clinic
-
Kevin Dunivan Physician
-
Peyman Nazmi Physician
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
Sunrise Property Managemnt LLC · 20 yrs held
Sunrise Property Managemnt LLC
since 2005
6 recorded transactions
Zoning & alternative use
I1 - LT INDUSTRIAL DIST · Midlothian, 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 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
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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,021
Tax year 2024
Assessed value
$770,400
Assessed 2024
Previous assessed
$722,300
+6.7% YoY
Effective rate
0.91%
On assessed value
Assessed land
$112,100
Assessed improvement
$658,300
Land market value
$112,100
Improvement market value
$658,300
Total market value
$770,400
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
For Sale
Year built
2006
Heating
NONE
Stories
1
Total area
3,978 SF
Lot
0.44 ac (19,166 SF)
Zoning code
I1 - LT INDUSTRIAL DIST
APN
722-71-03-50-800-000
UPID
US87-0118499
Jurisdiction
CHESTERFIELD
Zoning & alternative use
I1 - LT INDUSTRIAL DIST · Midlothian, VA
Zoning I1 - LT INDUSTRIAL DIST · permitted uses
I1 - LT INDUSTRIAL 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.
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Sunrise Property Managemnt LLC
Entity
Mailing address
14404 SOMMERVILLE CT, MIDLOTHIAN, VA 23113-6835
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2024
—
Sunrise Property Management LLC
—
Deed
related
$300,000 · First Citizens Bank & Trust Company
Sep 8, 2023
—
Sunrise Property Management LLC
—
Deed
related
$135,000 · First Citizens Bank & Trust Company
May 9, 2018
—
Sunrise Prop Mgmt LLC
—
Deed
related
$142,400 · First Citizens Bk
Oct 4, 2005
$530,000
Sunrise Property Managemnt LLC
Thomlin LLC
Grant Deed
$711,000 · First Citizens Bank & Trust Co
Jun 2, 2005
—
Dobs LLC & Sowers William P
Sommerville Assoc LLC Et Al
Grant Deed
related
—
—
—
Sunrise Prop Mgmt LLC
—
Deed Of Trust
related
$142,400 · First Citizens 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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