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Property profile & analytics
OFF-MARKET
Office buildings
256 Ellerslie Ave Colonial Heights, VA 23834-1407
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US87-1705519
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Construction
STEEL FRAME
Total area
6,616 SF
Lot
0.34 ac (14,985 SF)
Zoning code
RPO
APN
6300040F039
UPID
US87-1705519
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
-
Virginia's Gateway Region Social Service Agency
-
Home Helpers Home Health Care Service
-
Edward Jones - Financial Advisor: John M Reid Financial Advisor
-
Day Title Services Title Company
-
Amega II After School Program Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shell Center Enterprises LLC A Virg · 8 yrs held
Shell Center Enterprises LLC A Virg
since 2017
1 recorded transaction
Zoning & alternative use
RPO · Colonial Heights, 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 Colonial Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colonial Heights 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
—
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
$12,044
Tax year 2024
Assessed value
$1,003,700
Assessed 2024
Previous assessed
$945,500
+6.2% YoY
Effective rate
1.20%
On assessed value
Assessed land
$268,600
Assessed improvement
$735,100
Land market value
$268,600
Improvement market value
$735,100
Total market value
$1,003,700
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
2003
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
2
Total area
6,616 SF
Lot
0.34 ac (14,985 SF)
Zoning code
RPO
APN
6300040F039
UPID
US87-1705519
Jurisdiction
COLONIAL HEIGHTS CITY
Zoning & alternative use
RPO · Colonial Heights, VA
Zoning RPO · permitted uses
RPO · Colonial Heights, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colonial Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Shell Center Enterprises LLC A Virg
Entity
Mailing address
250 E ELLERSLIE AVE, COLONIAL HEIGHTS, VA 23834-1457
Ownership since
2017
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
Oct 31, 2017
$615,000
Shell Center Enterprises LLC A Virg
Awp LLC A Virginia Limited Liabilit
Warranty Deed
$615,000 · Awp LLC
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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