Entity Owned Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1966
Construction
TYPE NOT SPECIFIED
Total area
164,710 SF
Zoning code
B3
APN
14774670150000
UPID
US87-0009599
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Clothing & Fashion Store
-
Home Appliance Store
-
Grocery & Convenience Store Food Market
-
Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$31.91M
Comparable Approach
Comparable
$34.95M
Blend (final)
Blend
$29.10M
Owner & transaction history
since 2022
Last sale
$27.0M
1 recorded transaction
Zoning & alternative use
B3 · Virginia Beach, VA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$29.10M
Value range
$26.19M – $32.00M
±10% around blend
Estimated value / SF
$177 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
$26.19M
blend $29.10M
$32.00M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
164,710 SF
Year built
1966
Stories
2
APN
14774670150000
Zoning
B3
Assessed value
$19,149,100
Annual tax
$189,576
3
Income approach: direct capitalization
Partial preview
Income approach indication
$31.91M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$34.57M
@ 6.5% CAP return
$31.91M
@ 7% CAP return
$29.63M
4
Sales comparison
Partial preview
Sales approach indication
$34.95M
Range $25.03M – $108.63M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$29.10M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 39 sales
$353
-50%
County 39 sales
$353
-50%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $177/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
8.40%
Implied, in-place cap rate for this community centers
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.40%
9.0%
NOI (est.)
$1.89M *
Last sale · Nov 2022
$27.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$22.50M
Move the market yield to see immediate price impact.
Value / SF
$137
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.90%8.40%8.90%
$1.70M
$21.53M
$20.25M
$19.11M
$1.89M
$23.92M
$22.50M
$21.24M
$2.08M
$26.32M
$24.75M
$23.36M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$189,576
Tax year 2024
Assessed value
$19,149,100
Assessed 2024
Previous assessed
$19,149,100
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$7,519,200
Assessed improvement
$11,629,900
Land market value
$7,519,200
Improvement market value
$11,629,900
Total market value
$19,149,100
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1966
Construction
TYPE NOT SPECIFIED
Stories
2
Total area
164,710 SF
Zoning code
B3
APN
14774670150000
UPID
US87-0009599
Jurisdiction
VIRGINIA BEACH CITY
Zoning & alternative use
B3 · Virginia Beach, VAZoning B3 · permitted uses
B3 · Virginia Beach, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
TYPE NOT SPECIFIED
Stories
2
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B3
Jurisdiction
Virginia Beach, VA
Recorded code
B3
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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