Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Car washes
4523 9th Mile Rd Richmond, VA 23223
Entity Owned
8-yr Hold
Free & Clear
Property ID
US87-3963649
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2022
Total area
5,617 SF
Lot
1 ac (43,560 SF)
Zoning code
B-3C
APN
809-722-9173
UPID
US87-3963649
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
-
TRU Carwash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$900k
Blend (final)
Blend
$1.01M
Owner & transaction history
East End Wash LLC · 8 yrs held
East End Wash LLC
since 2018
3 recorded transactions
Zoning & alternative use
B-3C · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+54.5%
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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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
AUTO REPAIR, GARAGE
$1,025,000
Current use
RESTAURANT
$1,580,000
Change: +55% · Conversion: Difficult
MEDICAL BUILDING
$935,000
Change: -9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$925,000
Change: -10% · Conversion: Difficult
OFFICE BUILDING
$830,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±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
$179 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$11,160
Tax year 2023
Assessed value
$1,312,900
Assessed 2024
Previous assessed
$1,312,900
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$186,800
Assessed improvement
$1,126,100
Land market value
$186,800
Improvement market value
$1,126,100
Total market value
$1,312,900
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2022
Heating
NONE
Total area
5,617 SF
Lot
1 ac (43,560 SF)
Zoning code
B-3C
APN
809-722-9173
UPID
US87-3963649
Jurisdiction
HENRICO
Zoning & alternative use
B-3C · Richmond, VA
Zoning B-3C · permitted uses
B-3C · Richmond, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.0M
RESTAURANT
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$935,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$925,000
OFFICE BUILDING
Est. value
$830,000
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2022
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
East End Wash LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1005 STABLE HL PL, GLEN ALLEN, VA 23059-2650
Ownership since
2018
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
Feb 4, 2021
—
East End Wash LLC
—
Deed
related
$2,890,800 · Village Bank
Jun 5, 2018
$215,000
East End Wash LLC
East End Rsrcs Group LLC
Warranty Deed
—
Oct 27, 2005
$2,075,000
East End Resources Gp LLC
Laburnum Nine
Grant Deed
—
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?”
You own 4523 9th Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
