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Property profile & analytics
OFF-MARKET
Estimated value
$78,835,000
Warehouses
180 Centreport Pkwy Fredericksburg, VA 22406-4527
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1280974
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2020
Construction
TYPE NOT SPECIFIED
Total area
487,713 SF
Lot
89.7 ac (3,907,332 SF)
Zoning code
M1
APN
38-14B
UPID
US87-1280974
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
-
FedEx Ground Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$78.69M
Comparable Approach
Comparable
$70.99M
Blend (final)
Blend
$78.84M
Owner & transaction history
Nhnr Hold Co 20 LLC · 1 yrs held
Nhnr Hold Co 20 LLC
since 2025
Last sale
$79.5M
5 recorded transactions
Zoning & alternative use
M1 · Fredericksburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$116.9M
+85.8%
Retail stores
$108.8M
+72.8%
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 Fredericksburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fredericksburg 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
$77,660,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$85,245,000
6.5%
$78,690,000
7%
$73,070,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$62,955,000
Current use
COMMERCIAL (GENERAL)
$116,945,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$108,805,000
Change: +73% · Conversion: Moderate
Blend value · Realmo final
$78.84M
Range $70.95M – $86.72M · ±10% · vs last sale $79.50M (Jun 26 2023)
Last sale anchor
$79.50M
Jun 26 2023
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
$162 / 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
$490,618
Tax year 2023
Assessed value
$75,016,200
Assessed 2024
Previous assessed
$51,917,300
+44.5% YoY
Effective rate
0.65%
On assessed value
Assessed land
$22,571,700
Assessed improvement
$52,444,500
Land market value
$22,571,700
Improvement market value
$52,444,500
Total market value
$75,016,200
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
1
Total area
487,713 SF
Lot
89.7 ac (3,907,332 SF)
Zoning code
M1
APN
38-14B
UPID
US87-1280974
Jurisdiction
STAFFORD
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
M1 · Fredericksburg, VA
Zoning M1 · permitted uses
M1 · Fredericksburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fredericksburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$63.0M
COMMERCIAL (GENERAL)
Est. value
$116.9M
RETAIL STORES
Est. value
$108.8M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
1
Lot
89.7 ac
Current owner
From public records · entity-resolved
Nhnr Hold Co 20 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
387 PARK AVE S, NEW YORK, NY 10016-8810
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2025
$77,625,000
Nhnr Hold Co 20 LLC
180 Centreport Parkway LLC
Special Warranty Deed
—
Jun 26, 2023
$79,500,000
180 Centreport Parkway LLC
Stafford 95 Owner LLC
Special Warranty Deed
—
Jan 10, 2022
—
95 Owner LLC
Chesapeake Holdings Csg LLC
Correction Deed
related
—
Jul 3, 2013
$3,900,000
Chesapeake Holdings
Dunn Mccormack & Macphers
Trustees Deed
related
—
Dec 10, 2007
$8,350,000
Owner Name Unavailable
Owner Name Unavailable
Grant 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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