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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Retail space
390 Williamsburg Rd Sandston, VA 23150-1646
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-3980488
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Total area
3,504 SF
Lot
0.37 ac (16,117 SF)
Zoning code
B-3
APN
830-715-2134
UPID
US87-3980488
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
$625k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$650k
Owner & transaction history
County Of Henrico Virginia · 2 yrs held
County Of Henrico Virginia
since 2023
Last sale
$675,000
6 recorded transactions
Zoning & alternative use
B-3 · Sandston, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.0M
+87.0%
Auto repair, garage
$765,000
+39.9%
Medical building
$650,000
+18.4%
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 Sandston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandston 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
$620,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$645,000
7%
$600,000
Alternative Use
Use
Estimation
RETAIL STORES
$550,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,025,000
Change: +87% · Conversion: Moderate
AUTO REPAIR, GARAGE
$765,000
Change: +40% · Conversion: Difficult
MEDICAL BUILDING
$650,000
Change: +18% · Conversion: Difficult
OFFICE BUILDING
$545,000
Change: -1% · Conversion: Easy
COMMERCIAL (GENERAL)
$505,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $675k (Aug 28 2023)
Last sale anchor
$675k
Aug 28 2023
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
$186 / 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
$900
Tax year 2023
Assessed value
$207,600
Assessed 2024
Previous assessed
$207,600
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$75,600
Assessed improvement
$132,000
Land market value
$75,600
Improvement market value
$132,000
Total market value
$207,600
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
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1961
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
3,504 SF
Lot
0.37 ac (16,117 SF)
Zoning code
B-3
APN
830-715-2134
UPID
US87-3980488
Jurisdiction
HENRICO
Zoning & alternative use
B-3 · Sandston, VA
Zoning B-3 · permitted uses
B-3 · Sandston, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$550,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$765,000
MEDICAL BUILDING
Est. value
$650,000
OFFICE BUILDING
Est. value
$545,000
COMMERCIAL (GENERAL)
Est. value
$505,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1961
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
County Of Henrico Virginia
Entity
Mailing address
PO BOX 90775, HENRICO, VA 23273-0775
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2023
$675,000
County Of Henrico Virginia
Rrs Propertis LLC
Warranty Deed
—
Apr 28, 2022
$350,000
Rrs Properties LLC
Sukh-sagar Properties-one INC
Warranty Deed
$200,000 · Sukh-sagar Properties-one INC
Jun 9, 2010
$615,000
Sukh Sagar Properties One INC
As Link INC
Grant Deed
$460,000 · Stellarone Bank
Aug 11, 2006
$550,000
Shiv And Som INC
Joseph E Holt
Warranty Deed
$451,250 · Virginia Business Bank
—
—
Sukh-sagar Properites-one INC
—
Deed Of Trust
related
$460,000 · Stellarone Bank
—
—
A S Link INC
—
Deed Of Trust
related
$180,000 · No Lender On Document
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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