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Property profile & analytics
OFF-MARKET
Commercial land
9124 Patriot Hwy Fredericksburg, VA 22407-9409
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0988037
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
8.25 ac (359,370 SF)
Zoning code
C3 - COMMERCIAL 3
APN
35-A-79
UPID
US87-0988037
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
Whw Dev Sub LP · 14 yrs held
Whw Dev Sub LP
since 2011
7 recorded transactions
Zoning & alternative use
C3 - COMMERCIAL 3 · Fredericksburg, 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 Fredericksburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fredericksburg 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
$10,747
Tax year 2023
Assessed value
$1,392,600
Assessed 2023
Previous assessed
$2,089,000
-33.3% YoY
Effective rate
0.77%
On assessed value
Assessed land
$1,392,600
Land market value
$1,392,600
Total market value
$1,392,600
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
8.25 ac (359,370 SF)
Zoning code
C3 - COMMERCIAL 3
APN
35-A-79
UPID
US87-0988037
Jurisdiction
SPOTSYLVANIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C3 - COMMERCIAL 3 · Fredericksburg, VA
Zoning C3 - COMMERCIAL 3 · permitted uses
C3 - COMMERCIAL 3 · Fredericksburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fredericksburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
8.25 ac
Current owner
From public records · entity-resolved
Whw Dev Sub LP
Entity
Free & Clear · 14 yrs held
Mailing address
1005 SOPHIA ST, FREDERICKSBURG, VA 22401-3809
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2011
$34,600
Whw Dev Sub LP
Walton Va LLC
Grant Deed
—
Oct 7, 2011
$8,324
Walton Heritage Woods LP
Walton Va LLC
Grant Deed
related
—
Sep 27, 2011
$248,430
Whw Dev Sub LP
Walton Va LLC
Grant Deed
—
Sep 19, 2011
$427,314
Whw Dev Sub LP
Walton Va LLC
Grant Deed
—
Sep 19, 2011
$197,222
Whw Dev Sub LP
Walton Va LLC
Grant Deed
—
Sep 8, 2011
$484,854
Whw Dev Sub LP
Walton Va LLC
Grant Deed
—
Sep 8, 2011
$1,236,540
Walton Heritage Woods LP
Walton Va LLC
Grant Deed
—
Aug 29, 2011
$353,615
Whw Dev Sub LP
Walton Virginia LLC
Grant Deed
—
Aug 29, 2011
$1,033,436
Walton Heritage Woods LLP
Walton Virginia LLC
Grant Deed
—
Aug 23, 2011
$2,735,898
Whw Dev Sub LP
Walton Va LLC
Grant Deed
$1,000,000 · Walton International Group USA
Aug 23, 2011
$9,267,463
Walton Heritage Woods LP
Walton Va LLC
Grant Deed
related
$1,000,000 · Walton International Group USA
Aug 12, 2011
$11,576,377
Walton Va LLC
Massaponax Land Co LLC
Grant Deed
—
Dec 14, 2004
—
Massaponax Land Company L L C
Massaponax Land Company
Quit Claim 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.
Try Rey
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