Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,550,000
Commercial real estate
16348 Gtwy Ln King George, VA 22485-5660
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1931298
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Total area
47,792 SF
Lot
4.42 ac (192,666 SF)
Zoning code
C1C2
APN
9-9-6
UPID
US87-1931298
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
$9.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.19M
Blend (final)
Blend
$9.55M
Owner & transaction history
Mahant King George LLC · 1 yrs held
Mahant King George LLC
since 2024
Last sale
$9.6M
2 recorded transactions
Zoning & alternative use
C1C2 · King George, 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 King George submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs King George 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
$9,550,000
ML approach
$9,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.55M
Range $8.60M – $10.51M · ±10% · vs last sale $9.55M (Jul 25 2024)
Last sale anchor
$9.55M
Jul 25 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
$200 / 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
$40,028
Tax year 2023
Assessed value
$5,886,400
Assessed 2023
Previous assessed
$5,886,400
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$1,348,700
Assessed improvement
$4,537,700
Land market value
$1,348,700
Improvement market value
$4,537,700
Total market value
$5,886,400
Applied tax rate
3.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2016
Heating
HEAT PUMP
Cooling
YES
Stories
4
Rooms
80
Bathrooms
80
Total area
47,792 SF
Lot
4.42 ac (192,666 SF)
Zoning code
C1C2
APN
9-9-6
UPID
US87-1931298
Jurisdiction
KING GEORGE
Zoning & alternative use
C1C2 · King George, VA
Zoning C1C2 · permitted uses
C1C2 · King George, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
King George. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
HEAT PUMP
Cooling
Yes
Stories
4
Rooms
80
Bathrooms
80
Lot
4.42 ac
Current owner
From public records · entity-resolved
Mahant King George LLC
Entity
Mailing address
11612 HAINESLAND DR, GLEN ALLEN, VA 23060-6534
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2024
$9,550,000
Mahant King George LLC
Gateway Hospitality LLC
Special Warranty Deed
$5,031,000 · Trustar Bank
Dec 1, 2014
$291,500
Gateway Hospility LLC
Monmouth West Limited Pa
Special Warranty Deed
$145,000 · Monmouth West Limited Pa
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16348 Gtwy Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
