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Property profile & analytics
OFF-MARKET
Estimated value
$8,980,000
Industrial properties
5300 Laburnum Ave Henrico, VA 23231-4414
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-0918801
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1999
Total area
53,878 SF
Lot
3.54 ac (154,290 SF)
Zoning code
M-1
APN
816-712-4019
UPID
US87-0918801
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
by Request
CAP Approach
CAP
$10.35M
Comparable Approach
Comparable
$5.55M
Blend (final)
Blend
$8.98M
Owner & transaction history
Sl 5300 S Laburnum Ave LLC
Sl 5300 S Laburnum Ave LLC
since 2025
Last sale
$8.2M
4 recorded transactions
Zoning & alternative use
M-1 · Henrico, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.8M
+15.4%
Medical building
$9.0M
+5.5%
Neighborhood: shopping center
$8.9M
+4.1%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,215,000
6.5%
$10,350,000
7%
$9,610,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,505,000
Current use
AUTO REPAIR, GARAGE
$9,815,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$8,975,000
Change: +6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$8,850,000
Change: +4% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,660,000
Change: +2% · Conversion: Moderate
OFFICE BUILDING
$7,970,000
Change: -6% · Conversion: Easy
RETAIL STORES
$7,760,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$8.98M
Range $8.08M – $9.88M · ±10% · vs last sale $8.20M (Jul 22 2025)
Last sale anchor
$8.20M
Jul 22 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
$167 / 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
$51,547
Tax year 2023
Assessed value
$6,188,100
Assessed 2024
Previous assessed
$6,188,100
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$230,100
Assessed improvement
$5,958,000
Land market value
$230,100
Improvement market value
$5,958,000
Total market value
$6,188,100
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1999
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
53,878 SF
Lot
3.54 ac (154,290 SF)
Zoning code
M-1
APN
816-712-4019
UPID
US87-0918801
Jurisdiction
HENRICO
Zoning & alternative use
M-1 · Henrico, VA
Zoning 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
Henrico. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$8.5M
AUTO REPAIR, GARAGE
Est. value
$9.8M
MEDICAL BUILDING
Est. value
$9.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.7M
OFFICE BUILDING
Est. value
$8.0M
RETAIL STORES
Est. value
$7.8M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1999
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.54 ac
Current owner
From public records · entity-resolved
Sl 5300 S Laburnum Ave LLC
Entity
Free & Clear · 0 yrs held
Mailing address
CHICAGO, IL 60690
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
—
Sl 4700 Eubank Road LLC
—
Deed
related
$80,000,000 · Transamerica Life Insurance Company
Oct 22, 2025
$8,200,000
Sl 5300 S Laburnum Ave LLC
Breit Se Industrial Propco 2017 C L
Special Warranty Deed
—
Mar 27, 2024
—
Breit Se Industrial Propco 2017-c L
—
Deed
related
$730,000,000 · Capital One National Association
Dec 20, 2013
$3,790,971
Interport Holdings LLC
Interport C LP
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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