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Property profile & analytics
OFF-MARKET
Estimated value
$8,180,000
Strip malls
4318 George Washington Mem Hwyz Yorktown, VA 23692-2707
Entity Owned
3-yr Hold
Free & Clear
Property ID
US87-0884291
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Total area
71,090 SF
Lot
7.32 ac (318,859 SF)
Zoning code
GENERAL BUSINESS
APN
S05B-3225-3400
UPID
US87-0884291
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
$7.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.18M
Owner & transaction history
Pgp Heritage 1 LLC · 3 yrs held
Pgp Heritage 1 LLC
since 2022
Last sale
$8.1M
3 recorded transactions
Zoning & alternative use
GENERAL BUSINESS · Yorktown, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$13.5M
+488.5%
Auto repair, garage
$8.1M
+252.3%
Industrial (general)
$8.0M
+247.6%
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 Yorktown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yorktown 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
$8,340,000
ML approach
$7,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$13,470,000
Change: +489% · Conversion: Easy
AUTO REPAIR, GARAGE
$8,065,000
Change: +252% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$7,960,000
Change: +248% · Conversion: Difficult
RESTAURANT
$7,000,000
Change: +206% · Conversion: Difficult
OFFICE BUILDING
$5,780,000
Change: +153% · Conversion: Moderate
RETAIL STORES
$4,990,000
Change: +118% · Conversion: Easy
Blend value · Realmo final
$8.18M
Range $7.36M – $9.00M · ±10% · vs last sale $8.10M (Nov 15 2022)
Last sale anchor
$8.10M
Nov 15 2022
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
$115 / 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
$47,897
Tax year 2024
Assessed value
$6,472,500
Assessed 2024
Previous assessed
$4,146,400
+56.1% YoY
Effective rate
0.74%
On assessed value
Assessed land
$1,984,500
Assessed improvement
$4,488,000
Land market value
$1,984,500
Improvement market value
$4,488,000
Total market value
$6,472,500
Applied tax rate
5,104,150.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
71,090 SF
Lot
7.32 ac (318,859 SF)
Zoning code
GENERAL BUSINESS
APN
S05B-3225-3400
UPID
US87-0884291
Jurisdiction
YORK
Zoning & alternative use
GENERAL BUSINESS · Yorktown, VA
Zoning GENERAL BUSINESS · permitted uses
GENERAL BUSINESS · Yorktown, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yorktown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$13.5M
AUTO REPAIR, GARAGE
Est. value
$8.1M
INDUSTRIAL (GENERAL)
Est. value
$8.0M
RESTAURANT
Est. value
$7.0M
OFFICE BUILDING
Est. value
$5.8M
RETAIL STORES
Est. value
$5.0M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
RETAIL STORES
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
1978
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
7.32 ac
Current owner
From public records · entity-resolved
Pgp Heritage 1 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
141 PROVIDENCE RD STE #200, CHAPEL HILL, NC 27514-6200
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2022
$8,100,000
Pgp Heritage 1 LLC
Rcc Heritage Square LLC
Special Warranty Deed
—
Jul 17, 2009
—
Yorktown Ptshp LLC
—
Deed Of Trust
related
$5,000,000 · Community Bank Of Tri-county
Mar 16, 2009
$2,705,000
Cvs 75555 Va LLC
Yorktown Ptshp LLC
Warranty Deed
related
—
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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