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Property profile & analytics
FOR SALE
Office buildings
4824 George Washington Mem Hwy Yorktown, VA 23692
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-2288899
For Sale
1 / 2
$1,636,000
4824 George Washington Mem Hwy, Yorktown, VA 23692
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
12,844 SF
Lot
2.12 ac (92,434 SF)
Zoning code
GENERAL BUSINESS
APN
S06C-2453-0574
UPID
US87-2288899
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
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$706k
Blend (final)
Blend
$905k
Owner & transaction history
Webb Mechanical Properties LLC · 3 yrs held
Webb Mechanical Properties LLC
since 2022
Last sale
$914,000
1 recorded transaction
Zoning & alternative use
GENERAL BUSINESS · Yorktown, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+39.5%
Industrial (general)
$1.4M
+37.7%
Restaurant
$1.3M
+21.1%
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
$880,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,045,000
Current use
AUTO REPAIR, GARAGE
$1,455,000
Change: +40% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,440,000
Change: +38% · Conversion: Difficult
RESTAURANT
$1,265,000
Change: +21% · Conversion: Moderate
RETAIL STORES
$900,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$905k
Range $815k – $996k · ±10% · vs last sale $914k (Aug 19 2022)
Last sale anchor
$914k
Aug 19 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
$70 / 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
$10,862
Tax year 2024
Assessed value
$1,467,900
Assessed 2024
Previous assessed
$1,467,900
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$647,000
Assessed improvement
$820,900
Land market value
$647,000
Improvement market value
$820,900
Total market value
$1,467,900
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1981
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
12,844 SF
Lot
2.12 ac (92,434 SF)
Zoning code
GENERAL BUSINESS
APN
S06C-2453-0574
UPID
US87-2288899
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
OFFICE BUILDING Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.5M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
RESTAURANT
Est. value
$1.3M
RETAIL STORES
Est. value
$900,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RESTAURANT
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
1981
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
2.12 ac
Current owner
From public records · entity-resolved
Webb Mechanical Properties LLC
Entity
Mailing address
403 MEHERRIN RUN, YORKTOWN, VA 23693-2752
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2022
$914,000
Webb Mechanical Properties LLC
Langley Federal Credit Union
Warranty Deed
$731,200 · Union Service Corporation
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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