Entity Owned Property summary
This exceptional investment opportunity presents a 3,350 square foot, freestanding medical office building located at 129 E Ferrell St, South Hill, VA 23970. The property boasts 100% occupancy with a strong, single tenant, MyEyeDr., under a Net Lease (NN) agreement. The asking price is $1,201,961, representing a compelling 7.50% cap rate and a price per square foot of $358.79. The building sits on a one-acre lot and enjoys excellent visibility and accessibility from E Ferrell Street. Its… strategic location is equidistant from the state capitals of North Carolina and Virginia, and is just four miles from VCU Health Community Memorial Hospital, a significant healthcare provider with over 700 employees. The property benefits from proximity to numerous national retailers including Food Lion, Walmart, The Home Depot, T.J.Maxx, Tractor Supply Co., and Harbor Freight Tools. The lease includes annual rent bumps of 1% at the beginning of each calendar year, providing consistent rental income growth. The current Net Operating Income (NOI) is $90,147. This is a rare opportunity to acquire a high-performing, single-tenant medical office building in a strong market. Don't miss this chance to add a stable, high-yield asset to your portfolio.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,047 SF
- Lot area
- 1 ac
- Year built
- 2006
- Stories
- 1
- APN
- 078A13-02--001D
- Zoning
- C2
- Assessed value · 2023
- $605,100
- Annual tax · 2023
- $2,420
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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