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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Medical Office Space
9851 Brk Rd Glen Allen, VA 23059-4559
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US87-0120428
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Total area
6,251 SF
Lot
0.61 ac (26,441 SF)
Zoning code
M-1
APN
783-768-8243
UPID
US87-0120428
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
-
Bon Secours Urgent Care, Glen Allen Medical Clinic
-
Nermine A. Saleh, MD Pediatrician Physician
-
Tushar Shah, MD Pediatrician Physician
-
Saeed Jadali Pediatrician Physician
-
Johanna Christensen Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Vkn Properties LLC A Kentucky Limit · 8 yrs held
Vkn Properties LLC A Kentucky Limit
since 2017
3 recorded transactions
Zoning & alternative use
M-1 · Glen Allen, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+24.1%
Auto repair, garage
$1.4M
+18.1%
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 Glen Allen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glen Allen 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%
$1,370,000
6.5%
$1,265,000
7%
$1,175,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,155,000
Current use
OFFICE BUILDING
$1,435,000
Change: +24% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,365,000
Change: +18% · Conversion: Difficult
RETAIL STORES
$975,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$146 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,964
Tax year 2023
Assessed value
$1,923,400
Assessed 2024
Previous assessed
$1,923,400
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$395,300
Assessed improvement
$1,528,100
Land market value
$395,300
Improvement market value
$1,528,100
Total market value
$1,923,400
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
6,251 SF
Lot
0.61 ac (26,441 SF)
Zoning code
M-1
APN
783-768-8243
UPID
US87-0120428
Jurisdiction
HENRICO
Zoning & alternative use
M-1 · Glen Allen, VA
Zoning M-1 · permitted uses
M-1 · Glen Allen, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glen Allen. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$975,000
MEDICAL BUILDING Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2002
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Vkn Properties LLC A Kentucky Limit
Entity
Mailing address
1013 N DUPONT SQ STE A, LOUISVILLE, KY 40207-4668
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2017
$2,102,987
Vkn Properties LLC A Kentucky Limit
Vc Center LLC A Florida Limited Lia
Special Warranty Deed
$1,300,000 · Republic Bank & Trust Company
Jul 16, 2014
—
Vc Center LLC
Carl D Silver Holding Co LLC
Grant Deed
related
—
Nov 17, 2005
$1,112,000
Greengate-central Pk Ltp
Tri-county Commercial
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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