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Property profile & analytics
OFF-MARKET
Estimated value
$21,565,000
Community centers
3540 Cary St Richmond, VA 23221-2729
Entity Owned
7-yr Hold
Free & Clear
Property ID
US87-0891889
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2020
Construction
STONE
Total area
193,590 SF
Lot
5.78 ac (251,907 SF)
Zoning code
MULTI-ZONING
APN
W-000-1598-031
UPID
US87-0891889
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
-
Chase ATM Atm
-
Chase Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.57M
Owner & transaction history
Regency Goodwyn LLC · 7 yrs held
Regency Goodwyn LLC
since 2019
1 recorded transaction
Zoning & alternative use
MULTI-ZONING · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$35.3M
+10.9%
Medical building
$32.3M
+1.4%
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
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
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$31,805,000
Current use
AUTO REPAIR, GARAGE
$35,260,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$32,250,000
Change: +1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$31,120,000
Change: -2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$30,570,000
Change: -4% · Conversion: Easy
OFFICE BUILDING
$28,630,000
Change: -10% · Conversion: Moderate
RETAIL STORES
$27,890,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$21.57M
Range $19.41M – $23.72M · ±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
$111 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$478,896
Tax year 2020
Assessed value
$39,908,000
Assessed 2024
Previous assessed
$19,823,000
+101.3% YoY
Effective rate
1.20%
On assessed value
Assessed land
$8,084,000
Assessed improvement
$31,824,000
Land market value
$8,084,000
Improvement market value
$31,824,000
Total market value
$39,908,000
Applied tax rate
5.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2020
Construction
STONE
Heating
YES
Cooling
YES
Buildings
6
Stories
2
Rooms
22
Total area
193,590 SF
Lot
5.78 ac (251,907 SF)
Zoning code
MULTI-ZONING
APN
W-000-1598-031
UPID
US87-0891889
Jurisdiction
RICHMOND CITY
Zoning & alternative use
MULTI-ZONING · Richmond, VA
Zoning MULTI-ZONING · permitted uses
MULTI-ZONING · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$31.8M
AUTO REPAIR, GARAGE
Est. value
$35.3M
MEDICAL BUILDING
Est. value
$32.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$31.1M
COMMERCIAL (GENERAL)
Est. value
$30.6M
OFFICE BUILDING
Est. value
$28.6M
RETAIL STORES
Est. value
$27.9M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2020
Construction
STONE
Heating
YES
Cooling
Yes
Stories
2
Buildings
6
Rooms
22
Lot
5.78 ac
Current owner
From public records · entity-resolved
Regency Goodwyn LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 790830, SAN ANTONIO, TX 78279-0830
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2019
$8,395,983
Regency Goodwyn LLC
Richmond Shopping Ctr INC
Quit Claim 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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