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Property profile & analytics
OFF-MARKET
Other commercial real estate
1900 Parham Rd Henrico, VA 23228-2206
Entity Owned
~
Est. High Equity
Property ID
US87-0938758
Property profile
Verified
Property type
Other commercial real estate
Use group
OFFICE BUILDING
Year built
1973
Total area
2,940 SF
Lot
0.94 ac (40,990 SF)
Zoning code
O-1
APN
777-757-6974
UPID
US87-0938758
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Bilingualkid Schools LLC
Bilingualkid Schools LLC
since 2025
4 recorded transactions
Zoning & alternative use
O-1 · Henrico, 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 Henrico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henrico 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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,645
Tax year 2023
Assessed value
$428,800
Assessed 2024
Previous assessed
$428,800
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$87,300
Assessed improvement
$341,500
Land market value
$87,300
Improvement market value
$341,500
Total market value
$428,800
Applied tax rate
4.0000
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
Other commercial real estate
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Heating
HEAT PUMP
Buildings
2
Stories
1
Total area
2,940 SF
Lot
0.94 ac (40,990 SF)
Zoning code
O-1
APN
777-757-6974
UPID
US87-0938758
Jurisdiction
HENRICO
Zoning & alternative use
O-1 · Henrico, VA
Zoning O-1 · permitted uses
O-1 · Henrico, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Henrico. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Heating
HEAT PUMP
Stories
1
Buildings
2
Lot
0.94 ac
Current owner
From public records · entity-resolved
Bilingualkid Schools LLC
Entity
Mailing address
2016 LAFAYETTE BLVD STE #101, FREDERICKSBURG, VA 22401-2268
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2025
$585,000
Bilingualkid Schools LLC
The Power Of Ten LLC
Deed
$260,000 · Locus Bank INC
Sep 3, 2025
—
Billingualkid Schools LLC
—
Deed
related
$208,000 · Virginia Small Bus Financing Authority
Jun 28, 2024
—
Power Of Ten LLC
—
Deed
related
$315,000 · Shore United Bank NA
May 14, 2015
$450,000
Power Of Ten Lc
Blue Thomas W
Grant Deed
$365,000 · Thomas W Blue
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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