Entity Owned Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2007
Construction
TYPE NOT SPECIFIED
Total area
8,741 SF
Zoning code
H1
APN
14964051100001
UPID
US87-0991535
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$880k
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.05M
Owner & transaction history
since 2017
2 recorded transactions
Zoning & alternative use
H1 · Virginia Beach, VA
Zoning description
The purpose of the H-1 Hotel District is to provide medium density hotel areas for general application in the city where such uses are desirable and where public facilities are available to meet their needs.
General category
UNKNOWN
Top alternative use upside
Office building
$1.6M
+40.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.05M
Value range
$941k – $1.15M
±10% around blend
Estimated value / SF
$120 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$941k
blend $1.05M
$1.15M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,741 SF
Year built
2007
Stories
2
APN
14964051100001
Zoning
H1
Assessed value
$841,000
Annual tax
$8,158
3
Income approach: direct capitalization
Partial preview
Income approach indication
$880k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$955k
@ 6.5% CAP return
$880k
@ 7% CAP return
$820k
4
Sales comparison
Partial preview
Sales approach indication
$1.14M
Range $787k – $1.51M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.05M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 26 sales
$131
-9%
Submarket 154 sales
$152
-21%
County 154 sales
$152
-21%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $120/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+41%
vs current-use indication
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$841k
Move the market yield to see immediate price impact.
Value / SF
$96
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$53k
$1.06M
$757k
$589k
$59k
$1.18M
$841k
$654k
$65k
$1.30M
$925k
$720k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,158
Tax year 2024
Assessed value
$841,000
Assessed 2024
Previous assessed
$841,000
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$89,300
Assessed improvement
$751,700
Land market value
$89,300
Improvement market value
$751,700
Total market value
$841,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
2007
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
2
Total area
8,741 SF
Zoning code
H1
APN
14964051100001
UPID
US87-0991535
Jurisdiction
VIRGINIA BEACH CITY
Zoning & alternative use
H1 · Virginia Beach, VAZoning H1 · permitted uses
H1 · Virginia Beach, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of the H-1 Hotel District is to provide medium density hotel areas for general application in the city where such uses are desirable and where public facilities are available to meet their needs.
General category
UNKNOWN
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
2
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
H1
UNKNOWN
Jurisdiction
Virginia Beach, VA
Recorded code
H1
Official district
H1
Official district profile
What the municipal code says about H1
Zoning description
The purpose of the H-1 Hotel District is to provide medium density hotel areas for general application in the city where such uses are desirable and where public facilities are available to meet their needs.
General category
UNKNOWN
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for H1 in Virginia Beach, VA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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