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Property profile & analytics
OFF-MARKET
Estimated value
$2,180,000
Medical Office Space
4122 Zulla Rd, The Plains, VA 20198-2150
Individually Owned
16-yr Hold
Property ID
US87-0749617
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2006
Total area
14,709 SF
Lot
6.39 ac (278,392 SF)
Zoning code
AGRICULTURE DISTRICT
APN
6070-60-7640
UPID
US87-0749617
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
-
The Small Animal Clinic at Piedmont Equine Veterinary Clinic
-
Piedmont Equine Practice Veterinary Clinic
-
Joe Davis Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.51M
Blend (final)
Blend
$2.18M
Owner & transaction history
Piedmont Equine Practice R & E L · 16 yrs held
Piedmont Equine Practice R & E L
since 2009
7 recorded transactions
Zoning & alternative use
AGRICULTURE DISTRICT · The Plains, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.2M
+5.3%
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 The Plains submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs The Plains 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
MEDICAL BUILDING
$2,090,000
Current use
OFFICE BUILDING
$2,200,000
Change: +5% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,880,000
Change: -10% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,695,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±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
$148 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$30,439
Tax year 2024
Assessed value
$3,226,400
Assessed 2024
Previous assessed
$3,226,400
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$387,800
Assessed improvement
$2,838,600
Land market value
$387,800
Improvement market value
$2,838,600
Total market value
$3,226,400
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
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2006
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
1
Rooms
6
Bathrooms
2
Total area
14,709 SF
Lot
6.39 ac (278,392 SF)
Zoning code
AGRICULTURE DISTRICT
APN
6070-60-7640
UPID
US87-0749617
Jurisdiction
FAUQUIER
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
AGRICULTURE DISTRICT · The Plains, VA
Zoning AGRICULTURE DISTRICT · permitted uses
AGRICULTURE DISTRICT · The Plains, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
The Plains. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
MEDICAL BUILDING Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2006
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
2
Lot
6.39 ac
Current owner
From public records · entity-resolved
Piedmont Equine Practice R & E L
Individual
Mailing address
4122 ZULLA RD, THE PLAINS, VA 20198-2150
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2009
—
Piedmont Equine Practice R & E L
Fauquier County Fair INC
Grant Deed
$1,360,000 · Fauquier Bank
Oct 21, 2005
—
Piedmont Equine Practice Real Es
—
Deed Of Trust
related
$1,180,000 · Marshall National Bank & Trust
—
—
Piedmont Equine Practice R/e L
—
Deed Of Trust
related
$57,800 · Fauquier Bank
—
—
Piedmont Equine Practice R & E L
—
Deed Of Trust
related
$1,400,000 · Fauquier Bk
—
—
Piedmont Equine Practice R/e Lc
—
Deed Of Trust
related
$527,000 · T S Price Tr (tr)
—
—
Piedmont Equine Practice R & E L
—
Loan Modification
related
$226,000 · Fauquier Bank
—
—
Piedmont Equine Practice R & E L
—
Deed Of Trust
related
$500,000 · Meredytgh South LLC
—
—
Piedmont Equine Practice R & E L
—
Loan Modification
related
$1,360,000 · Fauquier Bank
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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