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Property profile & analytics
OFF-MARKET
Office buildings
8880 Riv Rd Lancaster, VA 22503-3813
Individually Owned
10-yr Hold
Free & Clear
Property ID
US87-3202949
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1904
Total area
4,577 SF
Lot
4.19 ac (182,647 SF)
Zoning code
A2
APN
20 84
UPID
US87-3202949
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
Haseeb Hassan · 10 yrs held
Haseeb Hassan
since 2015
2 recorded transactions
Zoning & alternative use
A2 · Lancaster, 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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$714
Tax year 2023
Assessed value
$113,300
Assessed 2023
Previous assessed
$113,300
+0.0% YoY
Effective rate
0.63%
On assessed value
Assessed land
$31,900
Assessed improvement
$81,400
Land market value
$31,900
Improvement market value
$81,400
Total market value
$113,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1904
Heating
HEAT PUMP
Cooling
YES
Buildings
1
Stories
1
Total area
4,577 SF
Lot
4.19 ac (182,647 SF)
Zoning code
A2
APN
20 84
UPID
US87-3202949
Jurisdiction
LANCASTER
Zoning & alternative use
A2 · Lancaster, VA
Zoning A2 · permitted uses
A2 · Lancaster, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1904
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
1
Lot
4.19 ac
Current owner
From public records · entity-resolved
Haseeb Hassan
Individual
Free & Clear · 10 yrs held
Mailing address
7287 REDD RD, FALLS CHURCH, VA 22043-2711
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2015
$69,399
Haseeb Hassan
Beneficial Financial I INC
Special Warranty Deed
—
Sep 23, 2014
$87,250
Beneficial Financial I INC
Surety Trustees LLC Sub Tr
Trustees Deed
related
—
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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