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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Commercial real estate
9474 King Air Ct Ashland, VA 23005-8193
Entity Owned
2-yr Hold
Free & Clear
Property ID
US87-1620237
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2014
Total area
10,380 SF
Lot
1.66 ac (72,484 SF)
Zoning code
OS
APN
7797-27-4696
UPID
US87-1620237
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
-
TK Elevator Richmond General Contractor Construction Company
-
Veterans Choice Roofing Roofing Company General Contractor
-
Loving Air Inc. HVAC Service General Contractor
-
The Childress Agency, Inc. Advertising Agency Marketing & Advertising
-
Childress Solutions Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
$962k
Blend (final)
Blend
$1.28M
Owner & transaction history
Wilton Commercial IV LLC · 2 yrs held
Wilton Commercial IV LLC
since 2024
4 recorded transactions
Zoning & alternative use
OS · Ashland, 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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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%
$1,520,000
6.5%
$1,400,000
7%
$1,300,000
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±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
$123 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,924
Tax year 2024
Assessed value
$1,472,100
Assessed 2024
Previous assessed
$1,431,000
+2.9% YoY
Effective rate
0.81%
On assessed value
Assessed land
$319,300
Assessed improvement
$1,152,800
Land market value
$319,300
Improvement market value
$1,152,800
Total market value
$1,472,100
Applied tax rate
1.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2014
Heating
SPACE
Cooling
YES
Total area
10,380 SF
Lot
1.66 ac (72,484 SF)
Zoning code
OS
APN
7797-27-4696
UPID
US87-1620237
Jurisdiction
HANOVER
Zoning & alternative use
OS · Ashland, VA
Zoning OS · permitted uses
OS · Ashland, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Heating
SPACE
Cooling
Yes
Lot
1.66 ac
Current owner
From public records · entity-resolved
Wilton Commercial IV LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4901 DICKENS RD STE #108, RICHMOND, VA 23230-1952
Ownership since
2024
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
Mar 8, 2024
—
Wilton Commercial IV LLC
Rodney M Poole
Deed
—
Aug 29, 2014
—
Wilton Commercial II LLC
Wilton Companies LLC
Quit Claim Deed
related
$153,000,000 · Ladder Cap Fin
Jun 7, 2013
—
Wilton Companies LLC
—
Deed Of Trust
related
$1,312,000 · Stellarone Bank
Sep 24, 2009
$1,000
Atlee Commerce Ctr I LLC
Wilton Companies LLC
Grant Deed
—
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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