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Financial
Distress signals
Property profile

5501 Corrugated Rd Sandston, VA 23231

FOR LEASE
Other warehouses
Property ID
US87-0928858
179,359 SF 11.85 ac lot Built 1990
Last sale Feb 2016 · $23,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

5501 Corrugated Road is an industrial warehouse facility in eastern Henrico County near Richmond International Airport. The building was constructed in 1990 and expanded in 2007, providing approximately 182,659 square feet overall, including about 5,800 square feet of office area and 8,641 square feet of mechanical space. It is configured with a central ammonia refrigeration system serving roughly 123,492 square feet of freezer space at approximately -10°F, with a 40-foot clear height; the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$161k
Tax billed · 2024
Assessed value$18.07M
Assessed land$948k
Assessed improvement$17.12M
Effective rate0.89%

Value estimate

· Oct 2026
$10.95M
$9.86M – $12.05M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$86/SF
County average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$55 – $162

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M-1
Sec. 24-3411. M-1 Light Industrial District. A. Purpose. The purpose of the M-1 Light Industrial District is to provide lands for a varie...
General categoryINDUSTRIAL
JurisdictionHENRICO

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.4
Convenience Store8.7
Locksmith8.7

Location

5501 Corrugated Rd Sandston, VA 23231
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5200 Anthony, Sandston, VA 23150-1929 $27,200,000 Jul 2025 142,379 SF
6115 Technology Crk, Sandston, VA 23150-5031 $104,750,000 Oct 2024 995,854 SF
5700 Audubon, Sandston, VA 23150-1300 $24,150,000 Feb 2023 322,000 SF
5421 Eubank, Sandston, VA 23150-1943 $2,437,970 Aug 2022 8,850 SF
5901 Lewis, Sandston, VA 23150-2413 $11,605,215 Feb 2022 104,482 SF
5212 Lewis, Sandston, VA 23150-1918 $1,000,000 Jan 2021 12,075 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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