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    Property profile & analytics

    Rocketts Way Henrico, VA 23231

    • Parking lots & garages
    • 102,072 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 25, 2021
    $12,500
    Location Intelligence
    Property ID
    US87-2539043
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Parking lots & garages

    Property Details for Rocketts Way

    Year built
    2009
    Property size
    102,072 SF
    Zone code
    UMUC
    Property type
    Parking lots & garages
    APN
    797-713-7051.223
    APU
    7977137051223

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henrico
    County
    Henrico
    State
    Virginia
    Longitude
    -77.4149
    Latitude
    37.5167
    CBSA code
    40060
    CBSA name
    RICHMOND, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $400
    $10,600
    $11,000
    -
    $400
    $10,600
    $11,000

    Comparable in this City

    • Value Estimation by Request
      0.55 Acres

      220 Rocketts Way

      PARKING GARAGE, PARKING STRUCTURE • 0.55 Acres
      220 Rocketts Way, Henrico, VA 23231-3040
      View Details
    • Value Estimation by Request
      0.86 Acres

      903 Potomac St

      PARKING LOT • 0.86 Acres
      903 Potomac St, Henrico, VA 23231
      View Details
    • Value Estimation by Request
      0.02 Acres

      1710 12th Williamsburg Rd

      PARKING LOT • 0.02 Acres
      1710 12th Williamsburg Rd, Richmond, VA 23231-3428
      View Details
    • Value Estimation by Request
      102,072 SF

      251 Rocketts Way, Unit 503

      PARKING GARAGE, PARKING STRUCTURE • 102,072 SF
      251 Rocketts Way, Henrico, VA 23231-3054
      View Details
    • Value Estimation by Request
      1.51 Acres

      1000 Carlisle Ave, Unit A

      PARKING LOT • 1.51 Acres
      1000 Carlisle Ave, Richmond, VA 23231-3213
      View Details
    • Value Estimation by Request

      250 Rocketts Way

      PARKING GARAGE, PARKING STRUCTURE
      250 Rocketts Way, Henrico, VA 23231-3040
      View Details

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    Rocketts Way
    Henrico, VA 23231
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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