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Property profile & analytics
OFF-MARKET
Medical Office Space
7900 Shrader Rd Henrico, VA 23294-4215
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US87-0597637
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2011
Total area
24,920 SF
Lot
2 ac (87,120 SF)
Zoning code
O-2C
APN
764-753-6035
UPID
US87-0597637
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Libbie Associates LLC · 5 yrs held
Libbie Associates LLC
since 2021
Last sale
$434,362
6 recorded transactions
Zoning & alternative use
O-2C · Henrico, 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 Henrico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Henrico 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
$46,002
Tax year 2023
Assessed value
$5,542,400
Assessed 2024
Previous assessed
$5,542,400
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$455,600
Assessed improvement
$5,086,800
Land market value
$455,600
Improvement market value
$5,086,800
Total market value
$5,542,400
Applied tax rate
3.0000
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
2011
Heating
NONE
Cooling
AC.PACKAGE
Stories
2
Total area
24,920 SF
Lot
2 ac (87,120 SF)
Zoning code
O-2C
APN
764-753-6035
UPID
US87-0597637
Jurisdiction
HENRICO
Zoning & alternative use
O-2C · Henrico, VA
Zoning O-2C · permitted uses
O-2C · Henrico, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Henrico. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Heating
NONE
Cooling
Yes
Stories
2
Lot
2 ac
Current owner
From public records · entity-resolved
Libbie Associates LLC
Entity
Mailing address
7858 SHRADER RD, HENRICO, VA 23294-4222
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2025
—
Libbie Associates LLC
—
Deed
related
$1,299,872 · First Citizens Bank & Trust Co
May 25, 2021
$3,267,500
Libbie Associates LLC
Cae Real Estate LLC
Quit Claim Deed
related
$4,559,039 · First Citizens Bank & Trust Company
Jun 29, 2010
—
Cae Real Est LLC
—
Grant Deed
related
$3,400,000 · Suntrust Bank NA
Jun 16, 2008
$434,362
Cae Real Estate LLC
Attems,federico C
Grant Deed
—
Nov 4, 2004
$215,000
Cae Real Estate LLC
Attems,federico C
Grant Deed
—
—
—
Cae Real Estate LLC
—
Deed Of Trust
related
$3,612,500 · Suntrust Bank NA
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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