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Property profile & analytics
OFF-MARKET
Estimated value
$1,740,000
Commercial real estate
Patriot Hwy Spotsylvania, VA 22551
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0487404
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Total area
10,461 SF
Lot
0.98 ac (42,754 SF)
Zoning code
C3 - COMMERCIAL 3
APN
63-13-A5
UPID
US87-0487404
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
$1.70M
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$1.74M
Owner & transaction history
Malik Empire LLC · 4 yrs held
Malik Empire LLC
since 2021
7 recorded transactions
Zoning & alternative use
C3 - COMMERCIAL 3 · Spotsylvania, 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 Spotsylvania submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spotsylvania 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%
$1,845,000
6.5%
$1,700,000
7%
$1,580,000
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±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
$166 / 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
$11,318
Tax year 2023
Assessed value
$1,466,600
Assessed 2023
Previous assessed
$1,466,600
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$397,600
Assessed improvement
$1,069,000
Land market value
$397,600
Improvement market value
$1,069,000
Total market value
$1,466,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2008
Heating
NONE
Total area
10,461 SF
Lot
0.98 ac (42,754 SF)
Zoning code
C3 - COMMERCIAL 3
APN
63-13-A5
UPID
US87-0487404
Jurisdiction
SPOTSYLVANIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C3 - COMMERCIAL 3 · Spotsylvania, VAZoning C3 - COMMERCIAL 3 · permitted uses
C3 - COMMERCIAL 3 · Spotsylvania, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Lot
0.98 ac
Current owner
From public records · entity-resolved
Malik Empire LLC
Entity
Free & Clear · 4 yrs held
Mailing address
33285 MASON RD, LOCUST GROVE, VA 22508-9784
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2023
—
Malik Empire LLC
—
Deed
related
$342,000 · Primis Bank
Sep 2, 2021
—
Malik Empire LLC
Auto Exchange LLC
Deed
—
Feb 27, 2020
—
Thornburg Plz One LLC
Chun H Kim
Grant Deed
related
—
May 30, 2019
—
Thornburg Plz II LLC
—
Deed
related
$1,200,000 · Community Bk/the Chesapeake
Jul 26, 2017
$340,000
Auto Exchange LLC
Eugenes Tires INC
Warranty Deed
$272,000 · Sonabank NA
Jul 20, 2016
—
Jjw Props-va One LLC
Hwang,william W K & Young M
Grant Deed
related
—
Jul 7, 2016
$315,000
Eugenes Tires INC
English Family Trust
Grant Deed
$220,000 · Union Bk&tr
Jun 2, 2014
—
Thornburg Plaza II LLC
Chambers,melissa L
Grant Deed
related
—
Jul 9, 2012
—
Melissa L Chambers
Chambers,robert M JR & Melissa L
Quit Claim Deed
related
—
May 30, 2012
$1,000,000
Robert M Chambers JR
Ramsey Holdings LLC
Special Warranty Deed
$900,000 · Burke & Herbert Bank & Tr
Feb 2, 2010
$1,200,000
Ramsey Holdings LLC
Casterline William H JR
Trustees Deed
related
—
Jul 20, 2007
—
C & O Enterprise INC
—
Deed Of Trust
related
$1,650,000 · Burke & Herbert Bank & Trust
—
—
Thornburg Plz II LLC
—
Deed Of Trust
related
$1,200,000 · Community Bk/the Chesapeake
—
—
C & O Ent INC
—
Deed Of Trust
related
$300,000 · Jin Suk Kim
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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