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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Medical Office Space
700 Sycamore St Petersburg, VA 23803-5802
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-1710159
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Total area
17,718 SF
Lot
1.72 ac (75,010 SF)
Zoning code
RB
APN
31280006
UPID
US87-1710159
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
-
Dowdy & Dowdy Dental Office
-
Kimberly Ketter Physician
-
Your Path To Living Well LLC Gym & Fitness Center Alternative Medicine Practice
-
Charita Threatt Counselor Practitioner Service Location
-
S B Kondragunta LLC Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
A & J PROPERTIES LLC
A & J PROPERTIES LLC
Zoning & alternative use
RB · Petersburg, 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 Petersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Petersburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$30 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$5,558
Tax year 2019
Assessed value
$411,700
Assessed 2024
Previous assessed
$411,700
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$197,000
Assessed improvement
$214,700
Land market value
$197,000
Improvement market value
$214,700
Total market value
$411,700
Applied tax rate
28.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1978
Heating
WOOD FURNACE
Cooling
YES
Stories
1
Total area
17,718 SF
Lot
1.72 ac (75,010 SF)
Zoning code
RB
APN
31280006
UPID
US87-1710159
Jurisdiction
PETERSBURG CITY
Zoning & alternative use
RB · Petersburg, VA
Zoning RB · permitted uses
RB · Petersburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Petersburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
WOOD FURNACE
Cooling
Yes
Stories
1
Lot
1.72 ac
Current owner
From public records · entity-resolved
A & J PROPERTIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
10710 CHIPEWYAN DR, RICHMOND, VA 23238-4141
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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