NOT LISTED FOR SALE

5002 Commerce Way North Dinwiddie, VA 23803

-- Bed
-- Bath
1,015,740 Sq Ft
112.09 Acres

About This Home

This home is located at 5002 Commerce Way, North Dinwiddie, VA 23803. 5002 Commerce Way is a home located in Dinwiddie County with nearby schools including Sutherland Elementary School, Dinwiddie Middle School, and Dinwiddie High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2019
Sold by
Industrial Logistics Properties Trust
Bought by
Industrial Fund Ms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000,000
Outstanding Balance
$307,860,862
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 3, 2019
Sold by
Arcp Id Petersburg Va Llc
Bought by
Ilpt Properties Llc

Purchase Details

Closed on
Oct 22, 2014

Purchase Details

Closed on
Jul 18, 2012
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Industrial Fund Ms Llc -- Commonwealth Land Title
Industrial Logistics Propertie -- Commonwealth Land Title
Ilpt Properties Llc $68,100,000 First American Title
-- $58,944,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Industrial Logistics Propertie $350,000,000
Closed Industrial Fund Ms Llc $350,000,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $412,642 $64,475,300 $2,465,700 $62,009,600
2024 $492,728 $58,658,100 $2,466,000 $56,192,100
2023 $71 $58,658,100 $2,466,000 $56,192,100
2022 $463,399 $58,658,100 $2,466,000 $56,192,100
2021 $463,399 $58,658,100 $2,466,000 $56,192,100
2020 $463,399 $58,658,100 $2,466,000 $56,192,100
2019 $463,399 $58,658,100 $2,466,000 $56,192,100
2018 $416,911 $52,773,500 $2,241,800 $50,531,700
2017 $416,911 $52,773,500 $2,241,800 $50,531,700
2016 -- $52,773,500 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Map

Virginia Dinwiddie County North Dinwiddie 23803

5002 Commerce Way, North Dinwiddie, VA

This home is located at 5002 Commerce Way, North Dinwiddie, VA 23803. 5002 Commerce Way is a home located in Dinwiddie County with nearby schools including Sutherland Elementary School, Dinwiddie Middle School, and Dinwiddie High School.

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