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Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Super regional malls
5156 9th Mile Rd Richmond, VA 23223-3330
Entity Owned
10-yr Hold
Free & Clear
Property ID
US87-0597490
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1980
Total area
72,781 SF
Lot
8.28 ac (360,546 SF)
Zoning code
B-2
APN
813-725-8764
UPID
US87-0597490
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
-
Famous Brown's Soul Food Restaurant
-
CoinFlip Bitcoin ATM Financial Advisor
-
Tees Kitchen Inc. Restaurant
-
Village tobacco & vape (Bike/Boat/Book/etc) Store
-
Portia's Potions, LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.28M
Owner & transaction history
Chiocca Properties LLC · 10 yrs held
Chiocca Properties LLC
since 2016
3 recorded transactions
Zoning & alternative use
B-2 · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$31 / 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
$27,900
Tax year 2023
Assessed value
$3,282,400
Assessed 2024
Previous assessed
$3,282,400
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$631,700
Assessed improvement
$2,650,700
Land market value
$631,700
Improvement market value
$2,650,700
Total market value
$3,282,400
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1980
Heating
YES
Stories
1
Total area
72,781 SF
Lot
8.28 ac (360,546 SF)
Zoning code
B-2
APN
813-725-8764
UPID
US87-0597490
Jurisdiction
HENRICO
Zoning & alternative use
B-2 · Richmond, VA
Zoning B-2 · permitted uses
B-2 · 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.
Building & site characteristics
From public records
Year built
1980
Heating
YES
Stories
1
Lot
8.28 ac
Current owner
From public records · entity-resolved
Chiocca Properties LLC
Entity
Free & Clear · 10 yrs held
Mailing address
900 PORTLAND PL, RICHMOND, VA 23221-3345
Ownership since
2016
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
Jan 12, 2016
—
Chiocca Properties LLC
Chiocca Albert R Trust
Quit Claim Deed
related
—
Mar 24, 2015
—
Chiocca,albert R Trust
Chiocca Albert R
Quit Claim Deed
related
—
Jan 23, 2013
—
Fairfield Realty LLC
W Harold Talley II LLC
Grant Deed
related
—
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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