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Property profile

16516 New Kent Hwy Lanexa, VA 23089

OFF-MARKET
Commercial real estate
Property ID
US87-1373037
1,176 SF 16.86 ac lot Built 1932
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. 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 · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$674k
Assessed land$583k
Assessed improvement$91k
Effective rate0.67%

Value estimate

· Oct 2026
$405k
$365k – $446k
AI approach$405k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$969/SF
County average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$236 – $1,642
Qualifying comparables7

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?
EO
The economic opportunity district is intended to provide opportunities to create mixed-use commercial and employment centers that will pr...
General categoryMIXED_USE
JurisdictionNEW KENT

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand index
Electrical Service8.7
Garden Center8.2
Catering Service8.1

Location

16516 New Kent Hwy Lanexa, VA 23089-5204
County assessor Recorded deeds · not on file 7 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
4125 Riverside, Lanexa, VA 23089-9418 $625,000 Jul 2024 14,400 SF
15301 Rockahock, Lanexa, VA 23089-5734 $275,000 Apr 2023 708 SF
16222 New Kent, Lanexa, VA 23089-5201 $1,100,000 Apr 2022 1,802 SF
15001 Eltham, Lanexa, VA 23089-5331 $800,000 Feb 2022 1,734 SF
15545 Pocahontas, Lanexa, VA 23089-5711 $300,000 Mar 2021 3,192 SF
2220 Waterside, Lanexa, VA 23089-5820 $560,000 Feb 2020 864 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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