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Property profile & analytics
OFF-MARKET
Estimated value
$5,460,000
Manufacturing properties
6201 Engineered Wood Way Sandston, VA 23150-5037
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-2408653
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
2019
Total area
54,328 SF
Lot
22.75 ac (991,164 SF)
Zoning code
M-2
APN
852-705-5231
UPID
US87-2408653
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.22M
Comparable Approach
Comparable
$6.47M
Blend (final)
Blend
$5.46M
Owner & transaction history
POLYKON MANUFACTURING LLC
POLYKON MANUFACTURING LLC
Zoning & alternative use
M-2 · Sandston, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$8.5M
+30.2%
Office building
$8.5M
+29.5%
Commercial (general)
$7.9M
+20.4%
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 Sandston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandston 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%
$5,650,000
6.5%
$5,215,000
7%
$4,840,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,525,000
Current use
RETAIL STORES
$8,495,000
Change: +30% · Conversion: Moderate
OFFICE BUILDING
$8,450,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,860,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$5.46M
Range $4.91M – $6.01M · ±10%
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
$101 / 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
$134,555
Tax year 2024
Assessed value
$15,471,200
Assessed 2024
Previous assessed
$15,471,200
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$2,047,500
Assessed improvement
$13,423,700
Land market value
$2,047,500
Improvement market value
$13,423,700
Total market value
$15,471,200
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
2019
Heating
YES
Stories
1
Total area
54,328 SF
Lot
22.75 ac (991,164 SF)
Zoning code
M-2
APN
852-705-5231
UPID
US87-2408653
Jurisdiction
HENRICO
Zoning & alternative use
M-2 · Sandston, VA
Zoning M-2 · permitted uses
M-2 · Sandston, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.5M
RETAIL STORES
Est. value
$8.5M
OFFICE BUILDING
Est. value
$8.5M
COMMERCIAL (GENERAL)
Est. value
$7.9M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2019
Heating
YES
Stories
1
Lot
22.75 ac
Current owner
From public records · entity-resolved
POLYKON MANUFACTURING LLC
Entity
Free & Clear · 0 yrs held
Mailing address
9811 KATY FWY STE #100, HOUSTON, TX 77024-1274
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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