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Property profile & analytics
OFF-MARKET
Estimated value
$5,610,000
Manufacturing properties
5250 Klockner Dr Henrico, VA 23231-4335
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1125779
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1988
Total area
78,128 SF
Lot
10.66 ac (464,350 SF)
Zoning code
M-1
APN
812-713-6324
UPID
US87-1125779
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.85M
CAP Approach
CAP
$7.62M
Comparable Approach
Comparable
$6.47M
Blend (final)
Blend
$5.61M
Owner & transaction history
Klockner Holdings LLC A Virginia Li · 8 yrs held
Klockner Holdings LLC A Virginia Li
since 2017
Last sale
$5.5M
6 recorded transactions
Zoning & alternative use
M-1 · Henrico, 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 Henrico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henrico 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
$5,240,000
ML approach
$4,845,000
CAP Approach
CAP Return
Estimation
6%
$8,255,000
6.5%
$7,620,000
7%
$7,075,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,050,000
Current use
Blend value · Realmo final
$5.61M
Range $5.05M – $6.17M · ±10% · vs last sale $5.50M (Feb 10 2020)
Last sale anchor
$5.50M
Feb 10 2020
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
$72 / 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
$44,731
Tax year 2024
Assessed value
$5,052,000
Assessed 2024
Previous assessed
$5,052,000
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$481,100
Assessed improvement
$4,570,900
Land market value
$481,100
Improvement market value
$4,570,900
Total market value
$5,052,000
Applied tax rate
5.0000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1988
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Total area
78,128 SF
Lot
10.66 ac (464,350 SF)
Zoning code
M-1
APN
812-713-6324
UPID
US87-1125779
Jurisdiction
HENRICO
Zoning & alternative use
M-1 · Henrico, VAZoning M-1 · permitted uses
M-1 · Henrico, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.1M
INDUSTRIAL (GENERAL) Current
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
1988
Heating
SPACE
Cooling
Yes
Stories
1
Lot
10.66 ac
Current owner
From public records · entity-resolved
Klockner Holdings LLC A Virginia Li
Entity
Mailing address
1 FEDERAL ST FL #23, BOSTON, MA 02110-2031
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2017
$2,325,000
Klockner Holdings LLC A Virginia Li
William K Lewis
Trustees Deed
related
$1,743,750 · Community Bank Of The Chesapeake
Sep 19, 2017
—
Hudson Industries INC
—
Deed
related
$80,000 · Private Individual
Dec 10, 2007
—
Hudson Industries INC
—
Grant Deed
related
$1,650,000 · Suntrust Bk/middle Ga
—
—
Hudson Industries INC
—
Deed Of Trust
related
$895,000 · Suntrust Bank NA
—
—
Hudson Industries INC
—
Deed Of Trust
related
$2,500,000 · Essex Bk
—
—
Hudson Industries INC
—
Deed Of Trust
related
$80,000 · Private Individual
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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