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Property profile & analytics
OFF-MARKET
Estimated value
$5,650,000
Commercial real estate
23361 Business Ctr Ct Ruther Glen, VA 22546-3464
Entity Owned
6-yr Hold
Free & Clear
Property ID
US87-1166576
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1991
Total area
115,756 SF
Lot
8.5 ac (370,260 SF)
Zoning code
M1
APN
83A-1-A
UPID
US87-1166576
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
-
Russell Stover Chocolates Specialty Food Shop Candy Store
-
The SYGMA Network Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.34M
Blend (final)
Blend
$5.65M
Owner & transaction history
Rgv Storage LLC · 6 yrs held
Rgv Storage LLC
since 2019
3 recorded transactions
Zoning & alternative use
M1 · Ruther Glen, 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 Ruther Glen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ruther Glen 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.65M
Range $5.09M – $6.22M · ±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
$49 / 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
$55,628
Tax year 2024
Assessed value
$7,224,400
Assessed 2024
Previous assessed
$7,224,400
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$340,000
Assessed improvement
$6,884,400
Land market value
$340,000
Improvement market value
$6,884,400
Total market value
$7,224,400
Applied tax rate
7.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1991
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
3
Total area
115,756 SF
Lot
8.5 ac (370,260 SF)
Zoning code
M1
APN
83A-1-A
UPID
US87-1166576
Jurisdiction
CAROLINE
Zoning & alternative use
M1 · Ruther Glen, VA
Zoning M1 · permitted uses
M1 · Ruther Glen, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ruther Glen. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
8.5 ac
Current owner
From public records · entity-resolved
Rgv Storage LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2900 LINDEN LN STE #300, SILVER SPRING, MD 20910-1265
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2024
—
Perry Family Partners Vi LLC
—
Deed
related
$12,500 · Truist Bank
Dec 23, 2019
$7,800,000
Rgv Storage LLC
Scm Coastal LLC
Grant Deed
—
Dec 26, 2018
$3,531,000
Scm Coastal LLC
Russell Stover Chololates LLC
Special Warranty Deed
$3,470,000 · Old Dominion National 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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