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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Medical Office Space
439 Jennick Dr Colonial Heights, VA 23834-4901
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-1798000
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Construction
FRAME
Total area
9,478 SF
Lot
3.32 ac (144,619 SF)
Zoning code
B3
APN
68215600001
UPID
US87-1798000
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
-
Keith Roberts, MD Physician
-
Frank Moschler, MD Physician
-
Mc Millan Jane E MD Physician
-
Moschler, E. Franklin, Jr. M.D. Physician
-
Dr. Tracey N. Jones, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.10M
CAP Approach
CAP
$2.09M
Comparable Approach
Comparable
$1.67M
Blend (final)
Blend
$2.10M
Owner & transaction history
American Behavioral Health Group Ll · 1 yrs held
American Behavioral Health Group Ll
since 2024
Last sale
$2.1M
3 recorded transactions
Zoning & alternative use
B3 · Colonial Heights, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
ARTICLE II
Top alternative use upside
Commercial (general)
$1.7M
+63.5%
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 Colonial Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colonial Heights 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
$2,100,000
ML approach
$2,100,000
CAP Approach
CAP Return
Estimation
6%
$2,265,000
6.5%
$2,090,000
7%
$1,940,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,655,000
Change: +63% · Conversion: Easy
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.10M (Nov 12 2024)
Last sale anchor
$2.10M
Nov 12 2024
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
$222 / 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
$29,286
Tax year 2024
Assessed value
$2,440,500
Assessed 2024
Previous assessed
$2,283,700
+6.9% YoY
Effective rate
1.20%
On assessed value
Assessed land
$795,400
Assessed improvement
$1,645,100
Land market value
$795,400
Improvement market value
$1,645,100
Total market value
$2,440,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
9,478 SF
Lot
3.32 ac (144,619 SF)
Zoning code
B3
APN
68215600001
UPID
US87-1798000
Jurisdiction
COLONIAL HEIGHTS CITY
Zoning & alternative use
B3 · Colonial Heights, VAZoning B3 · permitted uses
B3 · Colonial Heights, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ARTICLE II
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.7M
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
2002
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
3.32 ac
Current owner
From public records · entity-resolved
American Behavioral Health Group Ll
Entity
Mailing address
16161 BRISTOL POINTE DR, DELRAY BEACH, FL 33446-2357
Ownership since
2024
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 12, 2024
$2,100,000
American Behavioral Health Group Ll
4567 LLC
Warranty Deed
$1,065,000 · Atlantic Union Bank
Jun 17, 2021
$1,655,000
4567 LLC
Jannick Properties LLC
Warranty Deed
$1,350,000 · Truist Bank
Mar 21, 2019
—
Jennick Properties LLC
—
Deed
related
$150,000 · Virginia Commonwealth 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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