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Property profile & analytics
OFF-MARKET
Turn key restaurants
2001 Southpark Blvd Colonial Heights, VA 23834-3608
Entity Owned
8-yr Hold
Free & Clear
Property ID
US87-1412562
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2018
Construction
FRAME
Total area
5,435 SF
Lot
2.08 ac (90,431 SF)
Zoning code
B3
APN
68174700005
UPID
US87-1412562
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
-
LongHorn Steakhouse Restaurant
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
Liou Family Southpark LLC A Virgini · 8 yrs held
Liou Family Southpark LLC A Virgini
since 2018
2 recorded transactions
Zoning & alternative use
B3 · Colonial Heights, 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 Colonial Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colonial Heights 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
$30,802
Tax year 2024
Assessed value
$2,566,800
Assessed 2024
Previous assessed
$2,416,700
+6.2% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,392,600
Assessed improvement
$1,174,200
Land market value
$1,392,600
Improvement market value
$1,174,200
Total market value
$2,566,800
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2018
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Rooms
3
Bathrooms
2
Total area
5,435 SF
Lot
2.08 ac (90,431 SF)
Zoning code
B3
APN
68174700005
UPID
US87-1412562
Jurisdiction
COLONIAL HEIGHTS CITY
Zoning & alternative use
B3 · Colonial Heights, VA
Zoning B3 · permitted uses
B3 · Colonial Heights, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colonial Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
2
Lot
2.08 ac
Current owner
From public records · entity-resolved
Liou Family Southpark LLC A Virgini
Entity
Free & Clear · 8 yrs held
Mailing address
896 N JACKSONVILLE ST, ARLINGTON, VA 22205-1324
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2018
$2,800,000
Liou Family Southpark LLC A Virgini
Vinson Investments INC A Virginia C
Special Warranty Deed
—
Oct 22, 2008
$2,344,113
H Allen Goodman
Lone Star Steakhouse Of Richmond In
Deed
$1,282,000 · Standard Ins Co
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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