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Property profile & analytics
OFF-MARKET
Office Spaces
805 Elm St Hopewell, VA 23860-5109
Entity Owned
6-yr Hold
Free & Clear
Property ID
US87-1451115
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2019
Construction
WOOD
Total area
576 SF
Lot
1.02 ac (44,431 SF)
Zoning code
M1
APN
042-0845
UPID
US87-1451115
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
-
m&j brothers towing 2 Auto Repair Shop
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
M&j Brothers Towing LLC · 6 yrs held
M&j Brothers Towing LLC
since 2020
Last sale
$15,000
5 recorded transactions
Zoning & alternative use
M1 · Hopewell, 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 Hopewell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hopewell 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,336
Tax year 2024
Assessed value
$370,600
Assessed 2024
Previous assessed
$370,600
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$133,300
Assessed improvement
$237,300
Land market value
$133,300
Improvement market value
$237,300
Total market value
$370,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Total area
576 SF
Lot
1.02 ac (44,431 SF)
Zoning code
M1
APN
042-0845
UPID
US87-1451115
Jurisdiction
HOPEWELL CITY
Zoning & alternative use
M1 · Hopewell, VAZoning M1 · permitted uses
M1 · Hopewell, 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
2019
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
M&j Brothers Towing LLC
Entity
Free & Clear · 6 yrs held
Mailing address
4933 STEWART LN, DISPUTANTA, VA 23842-4741
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2020
—
M&j Brothers Towing LLC
—
Deed
related
$120,000 · Chesapeake Bank
Jun 23, 2020
—
M&j Brothers Towing LLC
Marshall W Fouts
Gift Deed
related
—
Aug 1, 2018
$15,000
Marshall W Fouts
Jerry W Ellis
Warranty Deed
—
Dec 12, 2017
—
Jerry W Ellis
Hopewell Craft Co INC A Virginia Co
Gift Deed
related
—
Aug 23, 2007
$86,000
Hopewell Craft Co INC
Hopewell Humane Society INC
Warranty 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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