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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Investment properties
16103 Braggs Cor Rd Culpeper, VA 22701-4614
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-0971983
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1929
Total area
2,559 SF
Lot
116.41 ac (5,070,820 SF)
Zoning code
HILI
APN
42- - - - 31
UPID
US87-0971983
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
$2.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$2.50M
Owner & transaction history
Culpeper Industrial Park LLC · 2 yrs held
Culpeper Industrial Park LLC
since 2024
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
HILI · Culpeper, 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 Culpeper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Culpeper 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
$2,500,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.50M (May 13 2024)
Last sale anchor
$2.50M
May 13 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
$977 / 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
$1,886
Tax year 2023
Assessed value
$2,920,300
Assessed 2023
Previous assessed
$2,920,300
+0.0% YoY
Effective rate
0.06%
On assessed value
Assessed land
$2,920,300
Land market value
$2,920,300
Total market value
$2,920,300
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1929
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
8
Bathrooms
1
Total area
2,559 SF
Lot
116.41 ac (5,070,820 SF)
Zoning code
HILI
APN
42- - - - 31
UPID
US87-0971983
Jurisdiction
CULPEPER
Zoning & alternative use
HILI · Culpeper, VA
Zoning HILI · permitted uses
HILI · Culpeper, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Culpeper. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
1
Lot
116.41 ac
Current owner
From public records · entity-resolved
Culpeper Industrial Park LLC
Entity
Mailing address
13406 KAVANAUGH MDWS CIR, CULPEPER, VA 22701-5322
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2024
$2,500,000
Culpeper Industrial Park LLC
Dalro Properties LLC
Warranty Deed
$1,875,000 · Dalro Properties LLC
Jan 26, 2023
$213,750
Brenco Properties LLC
Dalro Properties LLC
Warranty Deed
—
May 11, 2022
$422,500
Wise Rentals LLC
Dalro Properties LLC
Warranty Deed
—
Jun 22, 2017
$295,000
Marems LLC
Dalro Properties
Grant Deed
$236,000 · Union Bk&tr
Jun 4, 2015
$150,000
Willshaw Group LLC
Da Rp Roperties LLC
Grant Deed
$150,200 · Richard N Crenshaw
Sep 17, 2013
$369,000
Plume Properties LLC
Dalro Properties LLC
Grant Deed
$239,850 · Virginia Commerce Bank
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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