Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Warehouses
Dophie Rd Goldvein, VA 22720
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US87-1228298
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Total area
5,984 SF
Lot
46.87 ac (2,041,570 SF)
Zoning code
AGRICULTURE DISTRICT
APN
7836-61-5667
UPID
US87-1228298
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
$666k
Blend (final)
Blend
$640k
Owner & transaction history
Francis G Fortin JR. · 22 yrs held
Francis G Fortin JR.
since 2004
3 recorded transactions
Zoning & alternative use
AGRICULTURE DISTRICT · Goldvein, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$895,000
+52.7%
Medical building
$850,000
+45.0%
Commercial (general)
$765,000
+30.4%
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 Goldvein submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goldvein 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$585,000
Current use
OFFICE BUILDING
$895,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$850,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: +30% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$690,000
Change: +17% · Conversion: Moderate
RETAIL STORES
$595,000
Change: +1% · Conversion: Moderate
RESTAURANT
$575,000
Change: -2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$535,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$107 / 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
$5,559
Tax year 2024
Assessed value
$588,100
Assessed 2024
Previous assessed
$588,100
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$336,800
Assessed improvement
$251,300
Land market value
$336,800
Improvement market value
$251,300
Total market value
$588,100
Applied tax rate
5.0000
Comparables
5 recent transactions · within 1.5 miComparable in this city
5 recent transactions
Comparable in this City
Similar Nearby for Sale
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1983
Heating
SPACE
Stories
1
Bathrooms
2
Total area
5,984 SF
Lot
46.87 ac (2,041,570 SF)
Zoning code
AGRICULTURE DISTRICT
APN
7836-61-5667
UPID
US87-1228298
Jurisdiction
FAUQUIER
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
AGRICULTURE DISTRICT · Goldvein, VAZoning AGRICULTURE DISTRICT · permitted uses
AGRICULTURE DISTRICT · Goldvein, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$585,000
OFFICE BUILDING
Est. value
$895,000
MEDICAL BUILDING
Est. value
$850,000
COMMERCIAL (GENERAL)
Est. value
$765,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$690,000
RETAIL STORES
Est. value
$595,000
RESTAURANT
Est. value
$575,000
INDUSTRIAL (GENERAL)
Est. value
$535,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
RESTAURANT
INDUSTRIAL (GENERAL)
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
1983
Heating
SPACE
Stories
1
Bathrooms
2
Lot
46.87 ac
Current owner
From public records · entity-resolved
Francis G Fortin JR.
Individual
Mailing address
18308 RAILROAD ST, BLUEMONT, VA 20135-1748
Ownership since
2004
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
Jun 23, 2004
$480,000
Francis G Fortin JR.
Schoelpple,harry C
Grant Deed
$275,000 · Millennium Bank NA
—
—
Frances G Fortin JR.
—
Loan Modification
related
$765,000 · Millenium Bank
—
—
Francis G Fortin JR
—
Deed Of Trust
related
$497,193 · Washingtonfirst Bk
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 Dophie Rd?
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.