Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,570,000
Apartment buildings
9200 Stony Crst Cir Richmond, VA 23235-6888
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0845696
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2007
Construction
WOOD
Total area
77,162 SF
Lot
26.28 ac (1,144,670 SF)
Zoning code
R-2 SINGLE FAMILY
APN
C-001-0757-073
UPID
US87-0845696
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
-
National Corporate Housing Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.57M
Owner & transaction history
Cg Stony Point LLC · 20 yrs held
Cg Stony Point LLC
since 2006
6 recorded transactions
Zoning & alternative use
R-2 SINGLE FAMILY · Richmond, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$14.1M
+13.3%
Medical building
$12.9M
+3.6%
Neighborhood: shopping center
$12.7M
+2.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,930,000
6.5%
$14,705,000
7%
$13,655,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$12,405,000
Current use
AUTO REPAIR, GARAGE
$14,055,000
Change: +13% · Conversion: Difficult
MEDICAL BUILDING
$12,855,000
Change: +4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$12,675,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$11,115,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$10.57M
Range $9.51M – $11.63M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$137 / SF
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 2020Property tax & assessments
Tax year 2020
Tax billed
$20
Tax year 2020
Assessed value
$44,445,000
Assessed 2024
Previous assessed
$39,662,000
+12.1% YoY
Effective rate
0.00%
On assessed value
Assessed land
$5,050,000
Assessed improvement
$39,395,000
Land market value
$5,050,000
Improvement market value
$39,395,000
Total market value
$44,445,000
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Buildings
5
Stories
3
Units
202
Total area
77,162 SF
Lot
26.28 ac (1,144,670 SF)
Zoning code
R-2 SINGLE FAMILY
APN
C-001-0757-073
UPID
US87-0845696
Jurisdiction
RICHMOND CITY
Zoning & alternative use
R-2 SINGLE FAMILY · Richmond, VA
Zoning R-2 SINGLE FAMILY · permitted uses
R-2 SINGLE FAMILY · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$12.4M
AUTO REPAIR, GARAGE
Est. value
$14.1M
MEDICAL BUILDING
Est. value
$12.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.7M
RETAIL STORES
Est. value
$11.1M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Stories
3
Buildings
5
Units
202
Lot
26.28 ac
Current owner
From public records · entity-resolved
Cg Stony Point LLC
Entity
Mailing address
10172 LINN STA RD, LOUISVILLE, KY 40223-3887
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2017
—
Creeks Edge Apartments LLC
—
Deed
related
$28,125 · Holliday Fenoglio Fowler
Jun 26, 2006
—
Cg Stony Point LLC
Va Elect & Power Co
Quit Claim Deed
related
—
Dec 30, 2004
—
Cg Stony Point Townhomes LLC
C G Stony Point LLC
Grant Deed
related
—
Aug 27, 2004
—
Cg Stony Point LLC
Stony Point Land LLC
Quit Claim Deed
related
$3,280,000 · Stony Point Land LLC
—
—
Creeks Edge Investors LLC
—
Deed Of Trust
related
$22,750,000 · Jp Morgan Chase Bk
—
—
Creeks Edge Apartments LLC
—
Deed Of Trust
related
$28,125 · Holliday Fenoglio Fowler
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9200 Stony Crst Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
