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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Flex space
5 20th St Richmond, VA 23223-6927
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US87-1052208
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1930
Construction
TYPE NOT SPECIFIED
Total area
4,316 SF
Lot
0.1 ac (4,308 SF)
Zoning code
B-5 CENTRAL BUSINESS
APN
E-000-0192-025
UPID
US87-1052208
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
-
Richbrau Brewing Production Facility Brewery & Distillery
-
Haunts of Richmond - Shadows of Shockoe Tour Tour Operator (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$420k
Comparable Approach
Comparable
$695k
Blend (final)
Blend
$555k
Owner & transaction history
Jesim Group LLC · 7 yrs held
Jesim Group LLC
since 2018
3 recorded transactions
Zoning & alternative use
B-5 CENTRAL BUSINESS · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$785,000
+76.8%
Medical building
$720,000
+61.7%
Neighborhood: shopping center
$710,000
+59.4%
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%
$455,000
6.5%
$420,000
7%
$390,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$445,000
Current use
AUTO REPAIR, GARAGE
$785,000
Change: +77% · Conversion: Easy
MEDICAL BUILDING
$720,000
Change: +62% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$710,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$640,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$620,000
Change: +40% · Conversion: Moderate
COMMERCIAL (GENERAL)
$515,000
Change: +16% · Conversion: Difficult
WAREHOUSE, STORAGE
$425,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$129 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$20
Tax year 2020
Assessed value
$584,000
Assessed 2024
Previous assessed
$584,000
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$261,000
Assessed improvement
$323,000
Land market value
$261,000
Improvement market value
$323,000
Total market value
$584,000
Applied tax rate
7.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1930
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
1
Bathrooms
0
Total area
4,316 SF
Lot
0.1 ac (4,308 SF)
Zoning code
B-5 CENTRAL BUSINESS
APN
E-000-0192-025
UPID
US87-1052208
Jurisdiction
RICHMOND CITY
Zoning & alternative use
B-5 CENTRAL BUSINESS · Richmond, VA
Zoning B-5 CENTRAL BUSINESS · permitted uses
B-5 CENTRAL BUSINESS · 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
INDUSTRIAL (GENERAL) Current
Est. value
$445,000
AUTO REPAIR, GARAGE
Est. value
$785,000
MEDICAL BUILDING
Est. value
$720,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$710,000
OFFICE BUILDING
Est. value
$640,000
RETAIL STORES
Est. value
$620,000
COMMERCIAL (GENERAL)
Est. value
$515,000
WAREHOUSE, STORAGE
Est. value
$425,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1930
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
1
Bathrooms
0
Lot
0.1 ac
Current owner
From public records · entity-resolved
Jesim Group LLC
Entity
Mailing address
5532 SUMMER CRK WAY, GLEN ALLEN, VA 23059-7130
Mailing matches property
Yes
Owner-occupied
Yes
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
Sep 6, 2018
$600,000
Jesim Group LLC
John J Tackley
Warranty Deed
$520,000 · Virginia Cu
Dec 1, 2017
—
John J Tackley
—
Deed
related
$100,000 · Chesapeake Bk
—
—
John J Tackley
—
Deed Of Trust
related
$100,000 · Chesapeake Bk
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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