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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Commercial real estate
16303 Hopkins Gap Rd Fulks Run, VA 22830
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-2788558
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1999
Lot
2.16 ac (94,133 SF)
Zoning code
RURAL SERVICE DISTRICT
APN
37-(A)- L8A
UPID
US87-2788558
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
Turner Hams Propertirs LLC · 1 yrs held
Turner Hams Propertirs LLC
since 2024
Last sale
$525,000
2 recorded transactions
Zoning & alternative use
RURAL SERVICE DISTRICT · Fulks Run, 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 Fulks Run submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fulks Run 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
$2,850
Tax year 2024
Assessed value
$419,100
Assessed 2024
Previous assessed
$419,100
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$27,200
Assessed improvement
$391,900
Land market value
$27,200
Improvement market value
$391,900
Total market value
$419,100
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1999
Heating
HEAT PUMP
Cooling
YES
Stories
1
Lot
2.16 ac (94,133 SF)
Zoning code
RURAL SERVICE DISTRICT
APN
37-(A)- L8A
UPID
US87-2788558
Jurisdiction
ROCKINGHAM
Zoning & alternative use
RURAL SERVICE DISTRICT · Fulks Run, VA
Zoning RURAL SERVICE DISTRICT · permitted uses
RURAL SERVICE DISTRICT · Fulks Run, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fulks Run. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
2.16 ac
Current owner
From public records · entity-resolved
Turner Hams Propertirs LLC
Entity
Mailing address
11441 BROCKS GAP RD, FULKS RUN, VA 22830-2222
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2024
$525,000
Turner Hams Propertirs LLC
Ronald W Turner
Deed
$506,000 · Ronald And Margaret Turner Joint Trust
Sep 22, 2022
—
Ronald W Turner
Ronald W Turner
Gift Deed
related
—
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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