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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Office buildings
231 Wylderose Cmns, Midlothian, VA 23113-6883
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US87-3892678
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
5,072 SF
Lot
2 ac (87,120 SF)
Zoning code
I1 - LT INDUSTRIAL DIST
APN
720-71-08-69-000-000
UPID
US87-3892678
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$915k
Comparable Approach
Comparable
$1.69M
Blend (final)
Blend
$1.28M
Owner & transaction history
Swop LLC · 20 yrs held
Swop LLC
since 2005
7 recorded transactions
Zoning & alternative use
I1 - LT INDUSTRIAL DIST · Midlothian, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+61.2%
Auto repair, garage
$1.3M
+6.2%
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 Midlothian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midlothian 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,180,000
Current use
COMMERCIAL (GENERAL)
$1,905,000
Change: +61% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,255,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$1,025,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10%
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
$252 / 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
$14,980
Tax year 2024
Assessed value
$1,627,500
Assessed 2024
Previous assessed
$1,605,200
+1.4% YoY
Effective rate
0.92%
On assessed value
Assessed land
$407,700
Assessed improvement
$1,219,800
Land market value
$407,700
Improvement market value
$1,219,800
Total market value
$1,627,500
Applied tax rate
5.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Heating
NONE
Buildings
2
Stories
1
Total area
5,072 SF
Lot
2 ac (87,120 SF)
Zoning code
I1 - LT INDUSTRIAL DIST
APN
720-71-08-69-000-000
UPID
US87-3892678
Jurisdiction
CHESTERFIELD
Zoning & alternative use
I1 - LT INDUSTRIAL DIST · Midlothian, VA
Zoning I1 - LT INDUSTRIAL DIST · permitted uses
I1 - LT INDUSTRIAL DIST · Midlothian, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Midlothian. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.0M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
2007
Heating
NONE
Stories
1
Buildings
2
Lot
2 ac
Current owner
From public records · entity-resolved
Swop LLC
Entity
Mailing address
231 WYLDEROSE DR, MIDLOTHIAN, VA 23113-6845
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2022
—
Swop LLC
—
Deed
related
$3,145,000 · First Community Bank
Jul 10, 2020
—
Swop LLC
—
Deed
related
$2,600,000 · First Cmnty Bk
Jun 12, 2017
—
Swop LLC
—
Deed
related
$165,000 · First Citizens Bk
Oct 9, 2015
—
Swop LLC
—
Deed Of Trust
related
$2,839,000 · First Citizens Bk
Sep 26, 2006
—
Swop LLC
—
Grant Deed
related
$1,500,000 · First Citizens Bank & Trust Co
Oct 17, 2005
$421,777
Swop LLC
Jenkins,frank E JR
Grant Deed
$365,500 · First Citizens Bank & Trust Co
Jul 5, 2005
$420,000
Frank E Jenkins JR.
Otterdale Park Assocs LLC
Grant Deed
—
—
—
Swop LLC
—
Deed Of Trust
related
$350,000 · First Capital Bank Ssb
—
—
Swop LLC
—
Deed Of Trust
related
$2,600,000 · First Cmnty Bk
—
—
Swop LLC
—
Deed Of Trust
related
$350,000 · First Citizens Bank & Trust Co
—
—
Swop LLC
—
Deed Of Trust
related
$165,000 · First Citizens Bk
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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