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Property profile & analytics
FOR SALE
Commercial real estate
4175 Ironbound Rd Williamsburg, VA 23188
Entity Owned
12-yr Hold
Free & Clear
Property ID
US87-0416828
For Sale
1 / 2
$2,000,000
4175 Ironbound Rd, Williamsburg, VA 23188
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2016
Total area
8,154 SF
Lot
0.2 ac (8,799 SF)
Zoning code
MU MIXED USE
APN
39-3 04-0-0001
UPID
US87-0416828
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
-
Milan Hunter-Marshall Realtor Real Estate Agency
-
Carol Moore, eXp Realty Real Estate Agency
-
Erik M. Sanchez, Realtor| eXp Realty Williamsburg VA Real Estate Agency
-
Enhabit Home Health Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.15M
Owner & transaction history
Fm & R Property Dev LLC · 12 yrs held
Fm & R Property Dev LLC
since 2014
2 recorded transactions
Zoning & alternative use
MU MIXED USE · Williamsburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Williamsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Williamsburg 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
Blend value · Realmo final
$1.15M
Range $1.03M – $1.26M · ±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
$140 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$11,984
Tax year 2019
Assessed value
$1,426,700
Assessed 2023
Previous assessed
$1,426,700
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$310,400
Assessed improvement
$1,116,300
Land market value
$310,400
Improvement market value
$1,116,300
Total market value
$1,426,700
Applied tax rate
4.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
2016
Heating
NONE
Cooling
NONE
Stories
2
Total area
8,154 SF
Lot
0.2 ac (8,799 SF)
Zoning code
MU MIXED USE
APN
39-3 04-0-0001
UPID
US87-0416828
Jurisdiction
JAMES CITY
Zoning & alternative use
MU MIXED USE · Williamsburg, VA
Zoning MU MIXED USE · permitted uses
MU MIXED USE · Williamsburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Williamsburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
Fm & R Property Dev LLC
Entity
Free & Clear · 12 yrs held
Mailing address
626 DOCK LNDG, WILLIAMSBURG, VA 23185-7903
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2014
$375,000
Fm & R Property Dev LLC
Marquee Homes INC
Grant Deed
—
—
—
Marque Homes By C R Mclellon B
—
Deed Of Trust
related
$272,520 · Towne 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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