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Property profile & analytics
OFF-MARKET
Estimated value
$10,605,000
Office Spaces
2721 Richmond Hwy Stafford, VA 22554-1798
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3884248
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1989
Construction
TYPE NOT SPECIFIED
Total area
36,090 SF
Lot
2.35 ac (102,166 SF)
Zoning code
B2- URBAN COMM
APN
30-7
UPID
US87-3884248
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
$8.59M
CAP Approach
CAP
$9.68M
Comparable Approach
Comparable
$8.22M
Blend (final)
Blend
$10.61M
Owner & transaction history
Gov Jefferson Davis LLC · 6 yrs held
Gov Jefferson Davis LLC
since 2020
Last sale
$14.1M
3 recorded transactions
Zoning & alternative use
B2- URBAN COMM · Stafford, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.8M
+56.0%
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 Stafford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stafford 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
$13,895,000
ML approach
$8,590,000
CAP Approach
CAP Return
Estimation
6%
$10,490,000
6.5%
$9,680,000
7%
$8,990,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,840,000
Current use
AUTO REPAIR, GARAGE
$13,795,000
Change: +56% · Conversion: Difficult
RETAIL STORES
$8,050,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$10.61M
Range $9.54M – $11.67M · ±10% · vs last sale $14.06M (Jan 10 2020)
Last sale anchor
$14.06M
Jan 10 2020
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
$294 / 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
$46,522
Tax year 2023
Assessed value
$6,687,400
Assessed 2024
Previous assessed
$4,923,000
+35.8% YoY
Effective rate
0.70%
On assessed value
Assessed land
$2,043,300
Assessed improvement
$4,644,100
Land market value
$2,043,300
Improvement market value
$4,644,100
Total market value
$6,687,400
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1989
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
2
Total area
36,090 SF
Lot
2.35 ac (102,166 SF)
Zoning code
B2- URBAN COMM
APN
30-7
UPID
US87-3884248
Jurisdiction
STAFFORD
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
B2- URBAN COMM · Stafford, VAZoning B2- URBAN COMM · permitted uses
B2- URBAN COMM · Stafford, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$8.8M
AUTO REPAIR, GARAGE
Est. value
$13.8M
RETAIL STORES
Est. value
$8.1M
COMMERCIAL (GENERAL) Current
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
1989
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
2
Lot
2.35 ac
Current owner
From public records · entity-resolved
Gov Jefferson Davis LLC
Entity
Mailing address
10 W CARVER ST, HUNTINGTON, NY 11743-3322
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jan 10, 2020
$14,063,000
Gov Jefferson Davis LLC
Gpt Props
Grant Deed
$9,150,000 · Rockland Tr
Jun 24, 2011
$5,725,000
Gpt Properties Trust
Aquia One LLC
Grant Deed
—
Jun 7, 2004
$5,936,000
Aquia One LLC
Aquia Commerce Ctr Lc
Grant Deed
related
—
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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