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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Industrial properties
1535 Riv W Rd Crozier, VA 23039
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1700031
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1970
Total area
2,308 SF
Lot
0.42 ac (18,295 SF)
Zoning code
B1-BUS/GEN
APN
55 1 91
UPID
US87-1700031
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
-
Citgo Gas Station
-
Taylor's Country Market Grocery & Convenience Store
-
ATM Atm
-
ATM (ATM Link, Inc.) Atm
-
SHAHNAZ CORP Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$445k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
Sapphire Jubilee LLC · 2 yrs held
Sapphire Jubilee LLC
since 2024
Last sale
$650,000
1 recorded transaction
Zoning & alternative use
B1-BUS/GEN · Crozier, 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 Crozier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crozier 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$480,000
6.5%
$445,000
7%
$410,000
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Feb 12 2024)
Last sale anchor
$650k
Feb 12 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
$282 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,137
Tax year 2021
Assessed value
$256,400
Assessed 2024
Previous assessed
$248,500
+3.2% YoY
Effective rate
0.44%
On assessed value
Assessed land
$54,600
Assessed improvement
$201,800
Land market value
$54,600
Improvement market value
$201,800
Total market value
$256,400
Applied tax rate
414.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1970
Heating
HEAT PUMP
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,308 SF
Lot
0.42 ac (18,295 SF)
Zoning code
B1-BUS/GEN
APN
55 1 91
UPID
US87-1700031
Jurisdiction
GOOCHLAND
Zoning & alternative use
B1-BUS/GEN · Crozier, VA
Zoning B1-BUS/GEN · permitted uses
B1-BUS/GEN · Crozier, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Crozier. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Sapphire Jubilee LLC
Entity
Free & Clear · 2 yrs held
Mailing address
805 S 15TH AVE, HOPEWELL, VA 23860-5057
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2024
$650,000
Sapphire Jubilee LLC
Shahnaz Jindani
Special 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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