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Property profile & analytics
OFF-MARKET
Warehouses
901 Laburnum Ave Richmond, VA 23222-2210
Entity Owned
4-yr Hold
Free & Clear
Property ID
US87-0972910
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1965
Total area
2,334 SF
Lot
0.99 ac (43,151 SF)
Zoning code
M-1
APN
797-738-1430
UPID
US87-0972910
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
-
Veteran Auto Exchange Car Dealership
-
Icon Tradings Co Car Dealership
-
Icon Transit LLC Travel Agency Tour Operator
-
Icon Car Rentals Car Rental Facility
-
Icon Auto Services & Towing 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
One Direction Motors LLC · 4 yrs held
One Direction Motors LLC
since 2021
Last sale
$285,000
4 recorded transactions
Zoning & alternative use
M-1 · Richmond, 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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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
$2,229
Tax year 2024
Assessed value
$254,600
Assessed 2024
Previous assessed
$254,600
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$150,300
Assessed improvement
$104,300
Land market value
$150,300
Improvement market value
$104,300
Total market value
$254,600
Applied tax rate
4.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1965
Heating
SPACE
Stories
1
Total area
2,334 SF
Lot
0.99 ac (43,151 SF)
Zoning code
M-1
APN
797-738-1430
UPID
US87-0972910
Jurisdiction
HENRICO
Zoning & alternative use
M-1 · Richmond, VA
Zoning M-1 · permitted uses
M-1 · Richmond, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
SPACE
Stories
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
One Direction Motors LLC
Entity
Free & Clear · 4 yrs held
Mailing address
901 E LABURNUM AVE, RICHMOND, VA 23222-2210
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2021
—
One Direction Motors LLC
One Direction Motors LLC
Intrafamily Transfer
related
—
Jul 24, 2019
$390,000
Veteran Auto Exchange LLC
Veteran Auto Exchange LLC
Warranty Deed
related
—
Aug 4, 2016
$285,000
Veteran Auto Exchange LLC
Charles,patrick
Grant Deed
—
—
—
Veteran Auto Exchange LLC
—
Deed Of Trust
related
$94,000 · Private Individual
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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