Entity Owned Property summary
AI-generated overview
The property consists of approximately 53 acres of land in an M2 – Intensive Industrial District zoning classification. Utilities on site include access to potable and non-potable water, with a rated capacity of 18 MGD, and high-speed fiber service, along with an on-site 2" gas main. Electrical service is provided at 34.5 kV primary voltage (three-phase). The site includes an active rail spur with a connection to Norfolk Southern Railway. It is located about 90 miles from the Port of Virginia and about 20 miles from the Port of Richmond, with access to I-295 and proximity to I-95 and I-64. The former ethanol manufacturing plant has been largely demolished, with decommissioning completed under regulatory guidelines; underground fire protection piping remains in place.
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
2010
Construction
TYPE NOT SPECIFIED
Total area
8,000 SF
Lot
52.79 ac (2,299,750 SF)
Zoning code
M2
APN
048-0175
UPID
US87-2210357
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
$780k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
since 2026
6 recorded transactions
Zoning & alternative use
M2 · Hopewell, VA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$700k
Value range
$630k – $770k
±10% around blend
Estimated value / SF
$88 / SF
Confidence
Property data
100
Comparable evidence
60
$630k
blend $700k
$770k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,000 SF
Lot area
52.79 ac
Year built
2010
Stories
1
APN
048-0175
Zoning
M2
Assessed value
$21,681,400
Annual tax
$253,672
3
Income approach: direct capitalization
Partial preview
Income approach indication
$780k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$845k
@ 6.5% CAP return
$780k
@ 7% CAP return
$725k
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$700k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
8.20%
Implied, in-place cap rate for this manufacturing properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.20%
9.0%
NOI (est.)
$1.52M *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$18.51M
Move the market yield to see immediate price impact.
Value / SF
$2,314
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.70%8.20%8.70%
$1.37M
$17.74M
$16.66M
$15.70M
$1.52M
$19.71M
$18.51M
$17.44M
$1.67M
$21.68M
$20.36M
$19.19M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$253,672
Tax year 2024
Assessed value
$21,681,400
Assessed 2024
Previous assessed
$21,681,400
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$4,599,500
Assessed improvement
$17,081,900
Land market value
$4,599,500
Improvement market value
$17,081,900
Total market value
$21,681,400
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
2010
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
8,000 SF
Lot
52.79 ac (2,299,750 SF)
Zoning code
M2
APN
048-0175
UPID
US87-2210357
Jurisdiction
HOPEWELL CITY
Zoning & alternative use
M2 · Hopewell, VAZoning M2 · permitted uses
M2 · Hopewell, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
52.79 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M2
Jurisdiction
Hopewell, VA
Recorded code
M2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M2 in Hopewell, VA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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