8555 Magellan Pkwy Richmond, VA 23227-1333
Property profile & analytics
8555 Magellan Pkwy, Richmond, VA 23227-1333
- Industrial properties
- 58,059 SF
- 7.12 lot acres
Property ID
US87-1272452
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Tyco SimplexGrinnell / Production Facility / Building Supply
- Tyco Integrated Security / Security Service
Property Details for 8555 Magellan Pkwy
- Year built
- 2007
- Lot size
- 7.12 lot acres
- Zone code
- M-1C
- Property type
- Industrial properties
- APN
- 791-760-0456
- APU
- 7917600456
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 9, 2026 | — | Magellan Va LLC | Magellan Investors LLC | Deed · related | $20M · Manufacturers & Traders Trust Co |
| Oct 29, 2025 | $10,200,000 | Magellan Va LLC | Magellan Investors LLC | Special Warranty Deed | — |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,135,000
- 6.5%
- $5,665,000
- 7%
- $5,260,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,792,000
- AI Estimate
- $4,726,000
Market price range: $3.46M - $9.35MMarket price range: $891k - $6.91M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $5,985,000 Current use
- MEDICAL BUILDING
- $9,670,000 Change: +62% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $9,540,000 Change: +59% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $9,170,000 Change: +53% Conversion: Difficult
- OFFICE BUILDING
- $8,585,000 Change: +44% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Henrico
- State
- Virginia
- Longitude
- -77.4359
- Latitude
- 37.6461
- CBSA code
- 40060
- CBSA name
- RICHMOND, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$59,510
$640,800
$6,415,300
$7,056,100
-
$640,800
$6,415,300
$7,056,100