3820 Old Williamsburg Rd Sandston, VA 23150
Industrial properties
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3820 Old Williamsburg Rd, Sandston, VA 23150
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Estimated value (blended)
$340k
Range $306k – $374k (±10%)
Property ID
US87-0919306
Property summary
AI-generated overview
This exceptional 5.81-acre property at 3820 Old Williamsburg Rd, Sandston, VA 23150, offers a unique investment opportunity. Currently featuring a 7,648 square foot building, the property boasts Mixed zoning, allowing for diverse uses. Approved plans exist for a mini-storage facility, capitalizing on the high-traffic location. The site benefits from excellent visibility and accessibility, situated just 3.25 miles from Richmond International Airport. High daily traffic counts are a significant advantage, with 12,000 vehicles passing on East Williamsburg Road and a remarkable 78,000 vehicles daily on I-64. The property's APN is 846-712-3955. This owner/user investment opportunity is priced at $1,650,000 and presents a compelling case for immediate action. Detailed site plans for the proposed mini-storage are available upon request. This versatile property is ideal for entrepreneurs seeking a high-return investment in a thriving location. Don't miss this chance to acquire a prime piece of commercial real estate in Henrico County.
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1962
Total area
7,648 SF
Lot
5.81 ac (253,040 SF)
Zoning code
M-1C
APN
846-712-3955
UPID
US87-0919306
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hardware & Home Improvement Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$300k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$340k
Owner & transaction history
since 2022
Last sale
$350,000
1 recorded transaction
Zoning & alternative use
M-1C · Sandston, VA
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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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 5 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$340k
Value range
$306k – $374k
±10% around blend
Estimated value / SF
$44 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
50
Income certainty
100
$306k
blend $340k
$374k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,648 SF
Lot area
5.81 ac
Year built
1962
Stories
1
APN
846-712-3955
Assessed value
$559,400
Annual tax
$4,755
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$4,755
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$914k
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.6 mi away · 7,920 SF
8.7 mi away · 6,000 SF
9.5 mi away · 6,544 SF
9.5 mi away · 9,508 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$340k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 78 sales
$145
-69%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $44/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
2.89%
Selected cap rate for this industrial properties
Derived from the Sandston market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$48k *
Last sale · May 2022
$350k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.65M
Move the market yield to see immediate price impact.
Value / SF
$216
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
2.39%2.89%3.39%
$43k
$1.80M
$1.49M
$1.27M
$48k
$2.00M
$1.65M
$1.41M
$52k
$2.20M
$1.82M
$1.55M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$2.10M
8.6 mi · Dec 2025 · $364/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,755
Tax year 2023
Assessed value
$559,400
Assessed 2024
Previous assessed
$559,400
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$76,800
Assessed improvement
$482,600
Land market value
$76,800
Improvement market value
$482,600
Total market value
$559,400
Applied tax rate
5.0000
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
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Sale
Year built
1962
Heating
SPACE
Stories
1
Total area
7,648 SF
Lot
5.81 ac (253,040 SF)
Zoning code
M-1C
APN
846-712-3955
UPID
US87-0919306
Jurisdiction
HENRICO
Zoning & alternative use
M-1C · Sandston, VAZoning M-1C · permitted uses
M-1C · Sandston, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1962
Heating
SPACE
Stories
1
Lot
5.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M-1C
Jurisdiction
Sandston, VA
Recorded code
M-1C
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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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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