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Property profile & analytics
OFF-MARKET
Industrial properties
718 7th St West Point, VA 23181
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-2153495
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Total area
1,080 SF
Zoning code
M-1
APN
69A1 31 399
UPID
US87-2153495
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Three Rivers Seafood LLC · 2 yrs held
Three Rivers Seafood LLC
since 2023
Last sale
$290,000
3 recorded transactions
Zoning & alternative use
M-1 · West Point, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the M-1 Light Industrial District is to provide appropriate locations for light industrial and manufacturing uses, as well as related service and support uses, which involve minimal hazards and do not create significant amounts of smoke, noise, odor, dust or other potential nuisance, and which afford employment opportunities and economic develo…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
337.32 ac
Source
Realmo
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 West Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Point 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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$449
Tax year 2023
Assessed value
$166,400
Assessed 2023
Previous assessed
$163,800
+1.6% YoY
Effective rate
0.27%
On assessed value
Assessed land
$100,000
Assessed improvement
$66,400
Land market value
$100,000
Improvement market value
$66,400
Total market value
$166,400
Applied tax rate
4.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Heating
NONE
Stories
1
Bathrooms
1
Total area
1,080 SF
Zoning code
M-1
APN
69A1 31 399
UPID
US87-2153495
Jurisdiction
KING WILLIAM
Zoning & alternative use
M-1 · West Point, VAZoning M-1 · permitted uses
M-1 · West Point, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the M-1 Light Industrial District is to provide appropriate locations for light industrial and manufacturing uses, as well as related service and support uses, which involve minimal hazards and do not create significant amounts of smoke, noise, odor, dust or other potential nuisance, and which afford employment opportunities and economic development potential.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
337.32 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Stories
1
Bathrooms
1
Current owner
From public records · entity-resolved
Three Rivers Seafood LLC
Entity
Mailing address
PO BOX 533, WEST POINT, VA 23181-0533
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2023
$290,000
Three Rivers Seafood LLC
Kurfees Holdings LLC
Warranty Deed
$290,000 · Kurfees Holdings LLC
Jul 6, 2021
—
Kurfees Holdings LLC
Three Rivers Seafood LLC
Special Warranty Deed
—
Apr 17, 2015
—
The Massey Family Lllp
Ella T Atkins
Deed
—
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.
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