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Property profile & analytics
OFF-MARKET
Commercial real estate
7941 Independence Dr Spotsylvania, VA 22553-3850
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-3993941
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1955
Lot
2.82 ac (122,839 SF)
Zoning code
MU5
APN
47-A-151
UPID
US87-3993941
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
Malekica Jabrel Cade · 1 yrs held
Malekica Jabrel Cade
since 2024
Last sale
$375,265
7 recorded transactions
Zoning & alternative use
MU5 · Spotsylvania, 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 Spotsylvania submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spotsylvania 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
$10,606
Tax year 2023
Assessed value
$1,526,000
Assessed 2023
Previous assessed
$1,526,000
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$476,000
Assessed improvement
$1,050,000
Land market value
$476,000
Improvement market value
$1,050,000
Total market value
$1,526,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1955
Heating
YES
Stories
2
Bathrooms
1
Lot
2.82 ac (122,839 SF)
Zoning code
MU5
APN
47-A-151
UPID
US87-3993941
Jurisdiction
SPOTSYLVANIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
MU5 · Spotsylvania, VAZoning MU5 · permitted uses
MU5 · Spotsylvania, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1955
Heating
YES
Stories
2
Bathrooms
1
Lot
2.82 ac
Current owner
From public records · entity-resolved
Malekica Jabrel Cade
Individual
Mailing address
7973 INDEPENDENCE DR, SPOTSYLVANIA, VA 22553-3850
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
38 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
—
Malekica Jabrel Cade
Malekica Jabrel Cade
Intrafamily Transfer
related
—
May 1, 2024
$375,265
John J Howell
Nvr INC
Special Warranty Deed
$368,467 · Nvr Mortgage Finance INC
Apr 30, 2024
$355,345
Jennifer Leigh Markwood
Nvr INC
Special Warranty Deed
$343,484 · Nvr Mortgage Finance INC
Apr 16, 2024
$334,855
Michael Travis Ferrell
Nvr INC
Special Warranty Deed
$328,789 · Nvr Mortgage Finance INC
Apr 12, 2024
$346,350
Bianca Bradley
Nvr INC
Special Warranty Deed
$340,075 · Nvr Mortgage Finance INC
Apr 8, 2024
$334,310
Kayla Bartoszek
Nvr INC
Special Warranty Deed
$324,280 · Nvr Mortgage Finance INC
Mar 25, 2024
$369,990
Luis Angel Escudero Burgos
Nvr INC
Special Warranty Deed
$369,990 · Nvr Mortgage Finance INC
Mar 20, 2024
$352,750
Ralph E Bickford
Nvr INC
Special Warranty Deed
—
Mar 15, 2024
$385,000
Amy Bullard
Nvr INC
Special Warranty Deed
$346,500 · Nvr Mortgage Finance INC
Mar 13, 2024
$378,510
Isaac Smith
Nvr INC
Special Warranty Deed
$367,155 · Nvr Mortgage Finance INC
Mar 6, 2024
$329,665
Malekica Jabrel Cade
Nvr INC
Special Warranty Deed
$329,665 · Nvr Mortgage Finance INC
Mar 4, 2024
$377,845
Ashley Smithallen
Nvr INC
Special Warranty Deed
$321,168 · Nvr Mortgage Finance INC
Jan 3, 2024
$363,695
Darius Clair
Nvr INC
Special Warranty Deed
$357,106 · Nvr Mortgage Finance INC
Dec 28, 2023
$373,060
James Terrell Waters
Nvr INC
Special Warranty Deed
$366,302 · Nvr Mortgage Finance INC
Dec 28, 2023
$339,460
Twala Massenburg
Nvr INC
Special Warranty Deed
$342,854 · Nvr Mortgage Finance INC
Dec 4, 2023
$365,960
Ramon Moises Zegarra
Nvr INC
Special Warranty Deed
$369,619 · Nvr Mortgage Finance INC
Nov 30, 2023
$332,605
Brooke Comfort
Nvr INC
Special Warranty Deed
$335,929 · Nvr Mortgage Finance INC
Nov 13, 2023
$333,305
Julia R Bozarth
Nvr INC
Special Warranty Deed
$336,363 · Nvr Mortgage Finance INC
Aug 29, 2023
$600,000
Nvr INC
Independence Square LLC
Special Warranty Deed
—
Jul 19, 2023
$325,045
Asia Chanel Vaughan
Nvr INC
Special Warranty Deed
$319,157 · Nvr Mortgage Finance INC
Jul 17, 2023
$343,565
Maya Smalls
Nvr INC
Special Warranty Deed
$337,341 · Nvr Mortgage Finance INC
Jul 11, 2023
$334,185
Melvina C Irene Lee Posey
Nvr INC
Special Warranty Deed
$328,131 · Nvr Mortgage Finance INC
Jul 11, 2023
$326,175
Kellie Branell Vann
Nvr INC
Warranty Deed
$320,266 · Nvr Mortgage Finance INC
Jul 3, 2023
$379,590
Renita Lomax
Nvr INC
Special Warranty Deed
$372,710 · Nvr Mortgage Finance INC
Jun 27, 2023
$357,115
Jamal A Washington
Nvr INC
Special Warranty Deed
$350,645 · Nvr Mortgage Finance INC
Jun 27, 2023
$314,990
Antoinette Janice Norman
Nvr INC
Special Warranty Deed
$309,284 · Nvr Mortgage Finance INC
May 31, 2023
$365,250
Carlie C Hemming
Nvr INC
Special Warranty Deed
$328,725 · Nvr Mortgage Finance INC
May 25, 2023
$325,970
Shanell Jackson Felder
Nvr INC
Special Warranty Deed
$329,229 · Navy Federal Credit Union
May 8, 2023
$333,555
James R Bouchard
Nvr INC
Special Warranty Deed
$316,877 · Nvr Mortgage Finance INC
May 3, 2023
$364,750
Nicole Pettaway Qunisha
Nvr INC
Special Warranty Deed
$364,750 · Nvr Mortgage Finance INC
Apr 28, 2023
$359,030
Tiffany Mae Farrell
Nvr INC
Special Warranty Deed
$287,224 · Nvr Mortgage Finance INC
Apr 26, 2023
$333,055
Bridget Elisa Ronish
Nvr INC
Special Warranty Deed
$333,055 · Nvr Mortgage Finance INC
Apr 20, 2023
$344,000
Nvr INC
Independence Square LLC
Special Warranty Deed
—
Sep 27, 2022
$700,000
Nvr INC
Indpendence Square LLC
Special Warranty Deed
—
Jan 27, 2022
$400,000
Nvr INC
Independence Square LLC
Special Warranty Deed
—
Feb 21, 2013
—
Spotsylvania Courthouse Villag
—
Deed Of Trust
related
$1,103,000 · Union First Market Bank
Sep 1, 2005
$625,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
—
Sep 26, 2003
$275,000
Courthouse Rd Properties LLC
Fraser,ruth M
Grant Deed
$220,000 · Virginia Community Bank
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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