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Financial
Distress signals
Property profile

3941 Deep Rock Rd Richmond, VA 23233

FOR SALE
Industrial properties
Property ID
US87-1188447
23,669 SF 2.84 ac lot Built 1987
Last sale Nov 2021 · $3,960,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 23,669 square foot industrial property in Richmond, VA, presents a compelling investment opportunity. Located at 3941 Deep Rock Road, this multi-tenant building boasts 100% occupancy with a strong corporate guarantee from National Seating & Mobility, a healthcare industry leader with over $750 million in annual revenue and over 200 North American locations. National Seating & Mobility occupies 80% of the space and has recently expanded, demonstrating a long-term commitment. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$22k
Tax billed · 2024
Assessed value$2.38M
Assessed land$587k
Assessed improvement$1.79M
Effective rate0.91%

Value estimate

· Oct 2026
$4.17M
$3.75M – $4.59M
AI approach$4.25M
NOI build-up
Gross scheduled income$242k
Vacancy & credit loss−$12k
Operating expenses−$35k
NOI · 5.15% cap applied$196k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$60 – $161

Cap rate analysis

How does the asset earn?
5.15%
$196k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M-1C
District is to provide lands for a variety of commercial uses and manufacturing, fabricating, and warehousing activities that only produc...
General categoryINDUSTRIAL
JurisdictionHENRICO

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.7
Wholesale Shop16.7
HVAC Service15.6

Location

3941 Deep Rock Rd Richmond, VA 23233
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12642 Broad St, Richmond, VA 23233-7333 $3,800,000 Dec 2023 21,020 SF
10210 3rd Chopt, Henrico, VA 23233-2012 $7,500,000 Nov 2023 49,288 SF
3501 Cox, Henrico, VA 23233-1301 $10,796,637 Nov 2021 61,100 SF
3900 Gaskins, Henrico, VA 23233-1414 $1,795,000 Sep 2021 12,603 SF
3983 Deep Rock, Henrico, VA 23233-1413 $12,350,000 May 2021 37,570 SF
1630 Wilkes Rdg, Richmond, VA 23233-7460 $26,500,000 Dec 2019 74,305 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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