Property profile

650 Watkins Ctr Pkwy Midlothian, VA 23114

OFF-MARKET
Assisted living facilities
Property ID
US87-2342071
34,060 SF 4.29 ac lot Built 2018
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2018
Total area 34,060 SF
Lot 4.29 ac (186,872 SF)
Zoning code I2 - GEN INDUSTRIAL DIST
APN 715-71-03-50-600-000
UPID US87-2342071

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

650 Watkins Ctr Pkwy Midlothian, VA 23114-7104
Midlothian metro Census 100928 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$860k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
1969
Price N/A

Zoning & alternative use

I2 - GEN INDUSTRIAL DIST · Midlothian, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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