Back to Search
Property profile & analytics
FOR SALE
Strip malls
209 Village Ave Yorktown, VA 23693
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-0367172
For Sale
1 / 7
$11,500,000
209 Village Ave, Yorktown, VA 23693
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Total area
31,000 SF
Lot
4.01 ac (174,850 SF)
Zoning code
GENERAL BUSINESS
APN
S03C-1717-1508
UPID
US87-0367172
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
-
Yamachen Sushi Restaurant
-
Riverside Primary Care Kiln Creek Medical Clinic
-
Beverly Anne Brown Physician
-
Leelawattie Bisnauth Physician
-
1st Franklin Financial Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.16M
Owner & transaction history
Lip Kiln Creek LLC · 3 yrs held
Lip Kiln Creek LLC
since 2022
Last sale
$8.2M
1 recorded transaction
Zoning & alternative use
GENERAL BUSINESS · Yorktown, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.1M
+409.8%
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 Yorktown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yorktown 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
$8,460,000
ML approach
$7,745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,090,000
Change: +410% · Conversion: Easy
Blend value · Realmo final
$8.16M
Range $7.34M – $8.98M · ±10% · vs last sale $8.22M (Nov 30 2022)
Last sale anchor
$8.22M
Nov 30 2022
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
$263 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$38,493
Tax year 2024
Assessed value
$5,201,700
Assessed 2024
Previous assessed
$4,349,200
+19.6% YoY
Effective rate
0.74%
On assessed value
Assessed land
$1,193,700
Assessed improvement
$4,008,000
Land market value
$1,193,700
Improvement market value
$4,008,000
Total market value
$5,201,700
Applied tax rate
5,104,150.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Sale
Year built
1999
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
31,000 SF
Lot
4.01 ac (174,850 SF)
Zoning code
GENERAL BUSINESS
APN
S03C-1717-1508
UPID
US87-0367172
Jurisdiction
YORK
Zoning & alternative use
GENERAL BUSINESS · Yorktown, VA
Zoning GENERAL BUSINESS · permitted uses
GENERAL BUSINESS · Yorktown, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yorktown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.1M
COMMERCIAL (GENERAL)
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
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
4.01 ac
Current owner
From public records · entity-resolved
Lip Kiln Creek LLC
Entity
Mailing address
2009 FAIRVIEW RD UNIT #6528, RALEIGH, NC 27628-0838
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2022
$8,215,000
Lip Kiln Creek LLC
Kiln Creek York County Va LLC
Special Warranty Deed
$5,700,000 · United Community Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
