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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Industrial properties
161 Woodchuck Ln, Winchester, VA 22602-2261
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-1131424
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Total area
9,100 SF
Lot
2.01 ac (87,556 SF)
Zoning code
AGRICULTURAL
APN
52A-262B
UPID
US87-1131424
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
-
McFarland's Mill Inc (Bike/Boat/Book/etc) Store
-
Keplinger Repair Service Inc Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.05M
Owner & transaction history
Redeemed LLC · 4 yrs held
Redeemed LLC
since 2022
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
AGRICULTURAL · Winchester, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.2M
+512.0%
Commercial (general)
$1.0M
+400.8%
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 Winchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winchester 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
$1,120,000
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,245,000
Change: +512% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,015,000
Change: +401% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10% · vs last sale $1.00M (Jan 7 2022)
Last sale anchor
$1.00M
Jan 7 2022
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
$115 / 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
Tax billed
$1,011
Tax year 2024
Assessed value
$396,600
Assessed 2024
Previous assessed
$396,600
+0.0% YoY
Effective rate
0.25%
On assessed value
Assessed land
$52,300
Assessed improvement
$344,300
Land market value
$52,300
Improvement market value
$344,300
Total market value
$396,600
Applied tax rate
1.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1998
Heating
CENTRAL
Cooling
YES
Stories
1
Rooms
4
Bathrooms
1
Total area
9,100 SF
Lot
2.01 ac (87,556 SF)
Zoning code
AGRICULTURAL
APN
52A-262B
UPID
US87-1131424
Jurisdiction
FREDERICK
Zoning & alternative use
AGRICULTURAL · Winchester, VA
Zoning AGRICULTURAL · permitted uses
AGRICULTURAL · Winchester, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winchester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Redeemed LLC
Entity
Mailing address
2260 CHESTNUT GRV RD, WINCHESTER, VA 22603-2368
Ownership since
2022
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
Jan 7, 2022
$1,000,000
Redeemed LLC
Kelrock LLC
Warranty Deed
$960,000 · Kelrock LLC
Oct 1, 2005
$325,000
Kelrock LLC
Mcfarland,robert M & Donna A
Grant Deed
—
—
—
Kelrock LLC
—
Deed Of Trust
related
$300,000 · Bank Of Clarke Cnty
—
—
Kerlock LLC
—
Deed Of Trust
related
$300,000 · Bank Of Clarke Cnty
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
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