Property profile

89 Sherwood Dr Colonial Heights, VA 23834

OFF-MARKET
Medical Office Space
Property ID
US87-1426183
4,136 SF 0.34 ac lot Built 1999
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1999
Construction FRAME
Total area 4,136 SF
Lot 0.34 ac (14,985 SF)
Zoning code RBO
APN 7000100048
UPID US87-1426183

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician
  • Physician

Location

89 Sherwood Dr Colonial Heights, VA 23834-1447
Colonial Heights metro Census 830300 RICHMOND, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$915k
Comparable Approach Comparable
$419k
Blend (final) Blend
$685k

Owner & transaction history

since 2025
Last sale
$700,000
1 recorded transaction
2025
$700,000

Zoning & alternative use

RBO · Colonial Heights, VA
Top alternative use upside
Commercial (general) $720,000 +63.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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