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Property profile & analytics
OFF-MARKET
Banks
1649 Tappahannock Blvd Tappahannock, VA 22560-9347
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-3291940
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1980
Total area
2,160 SF
Lot
0.29 ac (12,415 SF)
Zoning code
CG2
APN
37 37
UPID
US87-3291940
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
-
Atlantic Union Bank Bank Loan Service
-
Amani Braiding Tappahannock Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
NORTHERN NECK STATE BANK
NORTHERN NECK STATE BANK
Zoning & alternative use
CG2 · Tappahannock, 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 Tappahannock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tappahannock 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
$3,617
Tax year 2024
Assessed value
$495,521
Assessed 2024
Previous assessed
$495,521
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$173,600
Assessed improvement
$321,921
Land market value
$173,600
Improvement market value
$321,921
Total market value
$495,521
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1980
Cooling
NONE
Stories
1
Total area
2,160 SF
Lot
0.29 ac (12,415 SF)
Zoning code
CG2
APN
37 37
UPID
US87-3291940
Jurisdiction
ESSEX
Zoning & alternative use
CG2 · Tappahannock, VA
Zoning CG2 · permitted uses
CG2 · Tappahannock, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tappahannock. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
NORTHERN NECK STATE BANK
Individual
Free & Clear · 0 yrs held
Mailing address
4355 INNSLAKE DR #325, GLEN ALLEN, VA 23060-6742
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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