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Property profile & analytics
OFF-MARKET
Warehouses
3406 Carlton St Richmond, VA 23230-4359
Individually Owned
1-yr Hold
Free & Clear
Property ID
US87-3297078
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1968
Construction
TYPE NOT SPECIFIED
Total area
10,261 SF
Lot
1.77 ac (77,145 SF)
Zoning code
M-1 LIGHT INDUSTRIAL
APN
N-000-1793-020
UPID
US87-3297078
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Christopher Pender · 1 yrs held
Christopher Pender
since 2025
Last sale
$486,710
7 recorded transactions
Zoning & alternative use
M-1 LIGHT INDUSTRIAL · Richmond, 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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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 2023Property tax & assessments
Tax year 2023
Tax billed
$46,068
Tax year 2023
Assessed value
$3,839,000
Assessed 2024
Previous assessed
$3,839,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$3,008,000
Assessed improvement
$831,000
Land market value
$3,008,000
Improvement market value
$831,000
Total market value
$3,839,000
Applied tax rate
2.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1968
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
1
Bathrooms
3
Total area
10,261 SF
Lot
1.77 ac (77,145 SF)
Zoning code
M-1 LIGHT INDUSTRIAL
APN
N-000-1793-020
UPID
US87-3297078
Jurisdiction
RICHMOND CITY
Zoning & alternative use
M-1 LIGHT INDUSTRIAL · Richmond, VA
Zoning M-1 LIGHT INDUSTRIAL · permitted uses
M-1 LIGHT INDUSTRIAL · Richmond, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
3
Lot
1.77 ac
Current owner
From public records · entity-resolved
Christopher Pender
Individual
Free & Clear · 1 yrs held
Mailing address
3426 CARLTON ST UNIT 10B, RICHMOND, VA 23230-4365
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
38 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2026
—
Hazel Jason
—
Deed
related
$479,456 · Pennymac Loan Services LLC
Jul 10, 2025
$487,175
Christopher Pender
Mason Yards Building Company LLC
Bargain & Sale Deed
—
Jun 3, 2025
$3,102,000
Mason Yards Building Company LLC
Mason Yards Development Company LLC
Warranty Deed
—
Apr 18, 2025
$492,175
Dean F Berger
Mason Yards Building Company LLC
Warranty Deed
—
Apr 16, 2025
$514,510
Frank Bernard Fuller III
Mason Yards Building Company LLC
Warranty Deed
$250,000 · Newrez LLC
Apr 3, 2025
$491,435
Sammy Halim Ezzeddine
Mason Yards Building Company LLC
Warranty Deed
$476,435 · Southstate Bank NA
Apr 2, 2025
$480,975
William Thomas Lannon
Mason Yards Building Company LLC
Warranty Deed
$408,829 · United Wholesale Mortgage LLC
Apr 1, 2025
$649,645
David Agnew Swynford
Mason Yards Building Company LLC
Warranty Deed
—
Mar 31, 2025
$626,795
Joseph Nelson Gault III
Mason Yards Building Company LLC
Warranty Deed
$470,097 · United Wholesale Mortgage LLC
Mar 31, 2025
$480,475
Edward A Smolen
Mason Yards Building Company LLC
Warranty Deed
—
Mar 28, 2025
$507,660
Charles Larry Fisher JR
Mason Yards Building Company LLC
Warranty Deed
$207,660 · United Wholesale Mortgage LLC
Mar 25, 2025
$629,345
Joseph A Marinucci
Mason Yards Building Company LLC
Warranty Deed
$472,008 · Pennymac Loan Services LLC
Mar 24, 2025
$634,245
David Robert Perlmutter
Mason Yards Building Company LLC
Warranty Deed
—
Mar 24, 2025
$486,810
Julie Annette Owen
Mason Yards Building Company LLC
Warranty Deed
—
Nov 26, 2024
$3,102,000
Mason Yards Building Company LLC
Mason Yards Development Company LLC
Warranty Deed
—
Sep 3, 2024
$486,710
Matthew Nelson
Mason Yards Building Company LLC
Warranty Deed
$462,375 · Orion Lending
Aug 29, 2024
$489,110
Chelsea Clark
Mason Yards Building Company LLC
Warranty Deed
$464,654 · Southern Trust Mortgage LLC
Aug 29, 2024
—
Michael Trever Plageman
Mason Yards Building Company LLC
Correction Deed
related
—
Aug 15, 2024
$488,810
Jesus Pena JR
Mason Yards Building Company LLC
Warranty Deed
$303,750 · Southern Trust Mortgage LLC
Aug 13, 2024
$626,460
Albert Wontrop Carroll III
Mason Yards Building Company LLC
Warranty Deed
$469,845 · Southern Trust Mortgage LLC
Aug 12, 2024
$487,095
Gary H Sells
Mason Yards Building Company LLC
Warranty Deed
—
Aug 9, 2024
$615,610
Daniel Becker
Mason Yards Building Company LLC
Warranty Deed
$584,830 · Southstate Bank NA
Aug 6, 2024
$487,810
Alan Eric Greenfield
Mason Yards Building Company LLC
Warranty Deed
—
Aug 5, 2024
$504,960
Raymond James Soblotne II
Mason Yards Building Company LLC
Warranty Deed
$154,000 · Southern Trust Mortgage LLC
Aug 2, 2024
$618,060
Russell Ryan
Mason Yards Building Company LLC
Warranty Deed
$418,060 · Arbor Home Loans
Jul 31, 2024
$505,760
Isidro Barrera
Mason Yards Building Company LLC
Warranty Deed
$377,202 · Arbor Home Loans
Jul 31, 2024
$610,360
Lois Ann Davis
Mason Yards Building Company LLC
Warranty Deed
$610,360 · Fulton Bank NA
Jul 29, 2024
$619,145
Melanie B Murdaugh
Mason Yards Building Company LLC
Warranty Deed
$464,350 · United Wholesale Mortgage LLC
Jul 26, 2024
$488,595
Rodney Alan Taylor
Mason Yards Building Company LLC
Warranty Deed
$464,165 · Nfm Lending
Jul 24, 2024
$244,950
Michael Trever Plageman
Mason Yards Building Company LLC
Warranty Deed
$471,275 · Crosscountry Mortgage LLC
Jun 28, 2024
$652,560
Bradley S Astrouski
Mason Yards Building Company LLC
Warranty Deed
$140,000 · Southern Trust Mortgage LLC
Jun 28, 2024
$512,480
Jesse Mark
Mason Yards Building Company LLC
Warranty Deed
$450,000 · Southstate Bank NA
Apr 29, 2024
$2,538,000
Mason Yards Building Company LLC
Mason Yards Development Company LLC
Warranty Deed
—
Jun 1, 2023
$3,102,000
Mason Yards Building Company LLC
Mason Yards Development Company LLC
Warranty Deed
—
May 1, 2023
$3,807,000
Mason Yards Building Company LLC
Mason Yards Development Company LLC
Warranty Deed
—
Jul 28, 2022
$2,820,000
Mason Yards Building Company LLC
Mason Yards Development Company LLC
Warranty Deed
—
Dec 22, 2021
$9,250,000
Yards Development Company LLC
Riverside Brick & Supply Company In
Warranty Deed
—
—
—
Riverside Brick & Supply Co In
—
Deed Of Trust
related
$37,434,042 · Branch Bk&tr
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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