Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    256 Olde Concord Rd Stafford, VA 22554-5132
    Back to Search
    Property profile & analytics

    256 Olde Concord Rd, Stafford, VA 22554-5132

    View on Map
    • Auto shops
    • 1,903 SF
    • 0.53 lot acres
    Off-Market
    Property ID
    US87-1496331
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 256 Olde Concord Rd

    Year built
    1900
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.53 lot acres
    Zone code
    B2- URBAN COMM
    Property type
    Auto shops
    APN
    30-188A
    APU
    30188A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 12, 2016 $250,000 United Trade International Ltd 256 Olde Concord Road LLC Grant Deed $200k · Union Bk&tr
    Feb 3, 2014 $175,000 256 Olde Concord Road LLC Farzayee,najiba Grant Deed —
    May 21, 2012 $90,000 Najiba Farzayee Donnelly,carrie Grant Deed $70k · Carrie Donnelly
    Mar 28, 2007 $50,000 Carrie Donnelly Pelt,jason M Trustees Deed —
    Nov 8, 2006 $125,000 Jose L Camacho Donnelly,alaster I SR Grant Deed $100k · Irvin SR Donnelly
    — — Najiba Farzayee — Deed Of Trust · related $65k · Lion Mane Investments LLC
    — — Olde Concord Road LLC — Deed Of Trust · related $160k · Union First Market Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stafford
    County
    Stafford
    State
    Virginia
    Longitude
    -77.3853
    Latitude
    38.4381
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 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
    $1,784
    $114,600
    $85,100
    $199,700
    -
    $114,600
    $85,100
    $199,700

    Comparable in this City

    • Value Estimation by Request
      3.93 Acres

      Stafford, VA 22554

      AUTO REPAIR, GARAGE
      Stafford, VA 22554
      View Details
    • Value Estimation
      $850,000
      3,695 SF

      16 Dorothy Ln

      AUTO REPAIR, GARAGE
      16 Dorothy Ln, Stafford, VA 22554
      View Details
    • Value Estimation by Request
      1,316 SF

      715 Garrisonville Rd

      AUTO REPAIR, GARAGE
      715 Garrisonville Rd, Stafford, VA 22554-3714
      View Details
    • Value Estimation by Request
      5,170 SF

      41 Venture Dr

      AUTO REPAIR, GARAGE
      41 Venture Dr, Stafford, VA 22554-7128
      View Details
    • Value Estimation
      $635,000
      7,366 SF

      376 Garrisonville Rd

      AUTO REPAIR, GARAGE
      376 Garrisonville Rd, Stafford, VA 22554-1529
      View Details
    • Value Estimation
      $520,000
      7,791 SF

      700 Garrisonville Rd

      AUTO REPAIR, GARAGE
      700 Garrisonville Rd, Stafford, VA 22554-3712
      View Details

    Similar Nearby for Sale

    • $1,300,000

      Commercial Land on US 1

      3.35 acres of commercial land with automotive repair permit.
      3512 Richmond Hwy, Stafford, VA 22554
      View Details
    • $2,500,000
      1,128 SF

      Prime Stafford Marina Investment

      Profitable waterfront retail business, 93 slips
      121 Willow Landing Rd, Stafford, VA 22554
      View Details
    • $1,780,000

      Versatile Commercial Space Near Quantico

      7,500 SF flex space near Quantico Marine Corps Base.
      3619 Richmond Hwy, Stafford, VA 22554
      View Details
    • Contact for pricing

      Corner Spa and Retail Building

      Renovated three-level corner property with retail space, an office level, and dedicated parking for clients.
      630 Garrisonville Rd, Stafford, VA 22554
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo

      Retail/Office/Medical Space Available

      Located in Aquia Park near I-95, suitable for retail/office/medical.
      2785 105, Stafford, VA 22554
      View Details
    • New
      $2,500 /Mo

      Retail Space in Aquia Park

      Retail lease within Aquia Park’s mixed-use campus near I-95 access, with an annual water contribution from the tenant.
      2785 Richmond Hwy, Stafford, VA 22554
      View Details
    • Contact for pricing

      Versatile Commercial Space on Garrisonville

      Flexible commercial space with high visibility and easy regional access.
      624 Garrisonville Rd, Stafford, VA 22554
      View Details
    • Contact for pricing
      5,569 SF

      Freestanding Showroom with Warehouse Space

      5,569 SF showroom and warehouse with high visibility.
      2072 Richmond Hwy, Stafford, VA 22554
      View Details
    • Contact for pricing

      High-Visibility Retail Space Available

      Retail space with exceptional visibility and access in Stafford, VA.
      48 Wyche Rd, Stafford, VA 22554
      View Details
    • Contact for pricing
      1,911 SF

      Retail Space Near Stafford Courthouse

      Retail space with good visibility and parking near courthouse.
      11 Hope Rd, Stafford, VA 22554
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    256 Olde Concord Rd
    Stafford, VA 22554-5132
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    256 Olde Concord Rd, Stafford, VA, 22554
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!