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Property profile & analytics
FOR LEASE
Industrial properties
2105 Academy Rd Powhatan, VA 23139
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-2896588
For Lease
1 / 3
$19.50 SF/Yr
2105 Academy Rd, Powhatan, VA 23139
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1996
Total area
51,431 SF
Lot
7.31 ac (318,554 SF)
Zoning code
CC
APN
039C-2-4
UPID
US87-2896588
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
-
New China Chinese Restaurant Restaurant
-
Osaka Hibachi & Sushi Restaurant
-
Subway Take-out & Catering Catering Service
-
Pizza Hut Take-out & Catering
-
Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
Whitney Mason & Company LLC · 19 yrs held
Whitney Mason & Company LLC
since 2007
1 recorded transaction
Zoning & alternative use
CC · Powhatan, 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 Powhatan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Powhatan 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
$34 / 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
$42,080
Tax year 2023
Assessed value
$5,769,000
Assessed 2024
Previous assessed
$4,677,900
+23.3% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,528,300
Assessed improvement
$4,240,700
Land market value
$1,528,300
Improvement market value
$4,240,700
Total market value
$5,769,000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Lease
Year built
1996
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
51,431 SF
Lot
7.31 ac (318,554 SF)
Zoning code
CC
APN
039C-2-4
UPID
US87-2896588
Jurisdiction
POWHATAN
Zoning & alternative use
CC · Powhatan, VA
Zoning CC · permitted uses
CC · Powhatan, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Powhatan. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
7.31 ac
Current owner
From public records · entity-resolved
Whitney Mason & Company LLC
Entity
Mailing address
124 E LEE ST, WARRENTON, VA 20186-3609
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Jun 27, 2007
$5,500,000
Whitney Mason & Company LLC
Rcp Realty LLC
Deed
$4,760,000 · Union Bank & Trust 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.
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?”
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