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Property profile & analytics
FOR LEASE
Office buildings
501 Village Ave Yorktown, VA 23693
Entity Owned
~
Est. High Equity
Property ID
US87-1129386
For Lease
1 / 4
$21 SF/Yr
501 Village Ave, Yorktown, VA 23693
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Total area
24,362 SF
Lot
1.91 ac (83,200 SF)
Zoning code
GENERAL BUSINESS
APN
S03C-0569-0567
UPID
US87-1129386
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
-
Style By Design Hair Salon Nail Salon
-
Ellie Mental Health Crisis Center Medical Clinic
-
Eagle Wealth Advisors, LLC Financial Advisor
-
Big Dog Media Agency LLC Advertising Agency Marketing & Advertising
-
Able Systems, Inc. Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.68M
Blend (final)
Blend
$1.97M
Owner & transaction history
Kimsey Management Zone LLC
Kimsey Management Zone LLC
since 2025
Last sale
$2.7M
3 recorded transactions
Zoning & alternative use
GENERAL BUSINESS · Yorktown, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+24.0%
Auto repair, garage
$2.0M
+2.2%
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
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
OFFICE BUILDING
$1,935,000
Current use
RESTAURANT
$2,400,000
Change: +24% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,975,000
Change: +2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,795,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$1,720,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$1.97M
Range $1.77M – $2.16M · ±10% · vs last sale $2.70M (Dec 2 2025)
Last sale anchor
$2.70M
Dec 2 2025
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
$81 / 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
$25,078
Tax year 2024
Assessed value
$3,388,900
Assessed 2024
Previous assessed
$2,707,900
+25.1% YoY
Effective rate
0.74%
On assessed value
Assessed land
$894,100
Assessed improvement
$2,494,800
Land market value
$894,100
Improvement market value
$2,494,800
Total market value
$3,388,900
Applied tax rate
5,104,150.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 Lease
Year built
2008
Heating
GAS
Cooling
CENTRAL
Stories
2
Total area
24,362 SF
Lot
1.91 ac (83,200 SF)
Zoning code
GENERAL BUSINESS
APN
S03C-0569-0567
UPID
US87-1129386
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
$1.9M
RESTAURANT
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
2008
Heating
GAS
Cooling
Yes
Stories
2
Lot
1.91 ac
Current owner
From public records · entity-resolved
Kimsey Management Zone LLC
Entity
Mailing address
501 VLG AVE STE #200, YORKTOWN, VA 23693-5657
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Dec 2, 2025
$2,700,000
Kimsey Management Zone LLC
Ltp LLC
Deed
$1,269,129 · Atlantic Union Bank
—
—
Ltp LLC
—
Loan Modification
related
$3,900,000 · First Market Bank
—
—
Lpt LLC
—
Deed Of Trust
related
$700,000 · Bank Of Williamsburg
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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