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Financial
Distress signals
Property profile

16388 Industrial Dr Milford, VA 22514

OFF-MARKET
Commercial real estate
Property ID
US87-0831366
4,247 SF 5 ac lot Built 1966
Last sale Sep 2025 · $325,800
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$233k
Assessed land$70k
Assessed improvement$163k
Effective rate0.77%

Value estimate

· Oct 2026
$475k
$428k – $523k
AI approach$475k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$155/SF
County average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$78 – $251
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1
JurisdictionCAROLINE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.8
Garden Center8.3
Building Supply6.0

Location

16388 Industrial Dr Milford, VA 22514-2153
County assessor Recorded deeds · 6 transfers 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15476 Nelson Hl, Milford, VA 22514-2023 $330,000 Mar 2024 3,300 SF
20500 Warriors, Milford, VA 22514-2867 $6,510,000 May 2023 26,814 SF
17205 Richmond, Milford, VA 22514-2212 $520,000 Feb 2022 2,240 SF
18541 Sparta, Milford, VA 22514-2300 $750,000 Aug 2020 2,880 SF
16360 Industrial, Milford, VA 22514-2153 $480,000 Oct 2019 21,368 SF
17155 Richmond, Milford, VA 22514-2210 $500,000 Oct 2018 1,270 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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