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Property profile & analytics
OFF-MARKET
Estimated value
$9,105,000
Medical Office Space
16 Delfae Dr Warsaw, VA 22572-4281
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-2570681
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,673 SF
Lot
1.82 ac (79,279 SF)
Zoning code
TOWN OF WARSAW
APN
16-29A
UPID
US87-2570681
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
$8.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.11M
Owner & transaction history
Northern Neck Snf Realty LLC · 3 yrs held
Northern Neck Snf Realty LLC
since 2023
Last sale
$9.6M
4 recorded transactions
Zoning & alternative use
TOWN OF WARSAW · Warsaw, VA
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 Warsaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warsaw 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
$8,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.11M
Range $8.19M – $10.02M · ±10% · vs last sale $9.59M (Mar 3 2023)
Last sale anchor
$9.59M
Mar 3 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
$1,364 / 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
$5,766
Tax year 2023
Assessed value
$823,698
Assessed 2023
Previous assessed
$823,698
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$145,691
Assessed improvement
$678,007
Land market value
$145,691
Improvement market value
$678,007
Total market value
$823,698
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
YES
Stories
1
Rooms
14
Total area
6,673 SF
Lot
1.82 ac (79,279 SF)
Zoning code
TOWN OF WARSAW
APN
16-29A
UPID
US87-2570681
Jurisdiction
RICHMOND
Zoning & alternative use
TOWN OF WARSAW · Warsaw, VAZoning TOWN OF WARSAW · permitted uses
TOWN OF WARSAW · Warsaw, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Building & site characteristics
From public records
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
14
Lot
1.82 ac
Current owner
From public records · entity-resolved
Northern Neck Snf Realty LLC
Entity
Mailing address
265 E MERRICK RD STE #205, VALLEY STREAM, NY 11580-6004
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
$9,587,500
Northern Neck Snf Realty LLC
20 Delfae Drive Snf Real Estate LLC
Special Warranty Deed
$50,288,000 · Signature Bank
Feb 24, 2021
$9,114,218
20 Delfae Drive Snf Real Estate LLC
Riverside Healthcare Association In
Special Warranty Deed
$12,744,628 · Metropolitan Commercial Bank
Dec 15, 2020
—
Riverside Tappahannock Hospital INC
Riverside Healthcare Association In
Special Warranty Deed
—
Oct 30, 2020
—
Riverside Healthcare Association In
Riverside Tappahannock Hospital INC
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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