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    Property profile & analytics

    2217 Academy Rd Powhatan, VA 23139-5817

    • Industrial properties
    • 2,095 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US87-3235212
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Simply Safe Storage / Storage Facility
    • Arrowhead Arms / Gun Shop

    Property Details for 2217 Academy Rd

    Year built
    1990
    Lot size
    1.00 lot acres
    Property size
    2,095 SF
    Zone code
    CC
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    027-25H
    APU
    02725H

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $265,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $310,000
      Mixed-Use
      $260,000
      Hospitality
      $290,000
      Educational
      $250,000
      Residential Income
      $285,000
      Energy
      $265,000
      Income-Based Land
      $235,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Powhatan
    County
    Powhatan
    State
    Virginia
    Longitude
    -77.8846
    Latitude
    37.5422
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,160
    $100,000
    $220,800
    $320,800
    -
    $100,000
    $220,800
    $320,800

    Comparable in this City

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      11,500 SF

      1579 Oakbridge Ter

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 11,500 SF
      1579 Oakbridge Ter, Powhatan, VA 23139-8053
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      10,080 SF

      1588 Oakbridge Ter

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10,080 SF
      1588 Oakbridge Ter, Powhatan, VA 23139-8053
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    • Value Estimation by Request
      3,028 SF

      1850 Stoneridge Commerce Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,028 SF
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    • Value Estimation by Request
      55,489 SF

      2470 Anderson Hwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 55,489 SF
      2470 Anderson Hwy, Powhatan, VA 23139-7525
      View Details
    • Value Estimation by Request
      14,750 SF

      3430 Anderson Hwy

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 14,750 SF
      3430 Anderson Hwy, Powhatan, VA 23139-5834
      View Details

    Similar Nearby for Sale

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      Commercial Buildings on Two Parcels

      Two parcels with commercial buildings available for sale.
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    Similar Nearby for Lease

    • $23 SF/Yr
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      Powhatan Build-to-Suit Warehouse

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      Flat Rock Retail Opportunity

      Retail spaces and outparcels available in Flat Rock.
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    • $1,500 /Mo

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      Renovated retail or office space available for lease.
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    • $1,950 /Mo
      1,000 SF

      Office Space with Private Bathroom

      Open concept office space available for rent in Powhatan.
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    • Contact for pricing
      2,991 SF

      Powhatan Office Building For Sale/Lease

      Prime Powhatan location, 2991 sq ft office space.
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      1.5 Acre Pad Site Available

      1.5 acre pad site adjacent to Sheetz for rent.
      4205 Anderson Hwy, Powhatan, VA 23139
      View Details
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    Powhatan, VA 23139-5817
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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