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Property profile & analytics
OFF-MARKET
Estimated value
$34,890,000
Commercial real estate
271 Lofton Rd, Raphine, VA 24472-2800
Entity Owned
15-yr Hold
Free & Clear
Property ID
US87-3293783
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1985
Total area
632,191 SF
Lot
148.74 ac (6,478,984 SF)
Zoning code
GENERAL INDUSTRIAL
APN
089 36H
UPID
US87-3293783
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
-
Pro Con Inc Construction Company General Contractor
-
Progressive Converting, Inc Mill
-
CDC Lofton Warehouse (West Rock) Warehouse & Storage
-
Wagner Logistics Logistics Company Freight Service
-
DSC/Lofton Warehouse Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$35.90M
Blend (final)
Blend
$34.89M
Owner & transaction history
Realty Income Raphine LLC · 15 yrs held
Realty Income Raphine LLC
since 2011
3 recorded transactions
Zoning & alternative use
GENERAL INDUSTRIAL · Raphine, 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 Raphine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raphine 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
$34.89M
Range $31.40M – $38.38M · ±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
$55 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$170,668
Tax year 2023
Assessed value
$30,442,600
Assessed 2024
Previous assessed
$30,442,600
+0.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$3,169,900
Assessed improvement
$27,272,700
Land market value
$3,169,900
Improvement market value
$27,272,700
Total market value
$30,442,600
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
1985
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
10
Bathrooms
8
Total area
632,191 SF
Lot
148.74 ac (6,478,984 SF)
Zoning code
GENERAL INDUSTRIAL
APN
089 36H
UPID
US87-3293783
Jurisdiction
AUGUSTA
Zoning & alternative use
GENERAL INDUSTRIAL · Raphine, VA
Zoning GENERAL INDUSTRIAL · permitted uses
GENERAL INDUSTRIAL · Raphine, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raphine. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
10
Bathrooms
8
Lot
148.74 ac
Current owner
From public records · entity-resolved
Realty Income Raphine LLC
Entity
Free & Clear · 15 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Ownership since
2011
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
Jun 8, 2011
$35,250,000
Realty Income Raphine LLC
Ecm Raphine LLC
Deed
—
May 28, 2010
$31,569,709
Ecm Raphine LLC
Fort Xv Dst
Special Warranty Deed
—
Sep 8, 2009
$29,000,000
Fort Xv Dst
Obp Virginia LLC
Deed
$17,400,000 · Obp Virginia 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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