Financial
Distress signals
Property profile

5723 Atkins Tank Rd Atkins, VA 24311

OFF-MARKET
Other commercial real estate
Property ID
US87-1829046
34,407 SF 3.9 ac lot Built 1975
Last sale Nov 2023 · $425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a heavy manufacturing facility historically used for fabrication of large steel products since 1975. It is designed for heavy fabrication with 308/480V 3-phase electrical service, four overhead cranes rated at 5 tons each, two jib cranes rated at 3 tons each, and full-length craneways. Production areas are complemented by dedicated sandblasting and painting rooms, and the building includes office space, a break room, restrooms, and meeting room space. The site covers 3.9 acres…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$583k
Assessed land$59k
Assessed improvement$525k
Effective rate0.59%

Value estimate

· Sep 2026
$455k
$410k – $501k
AI approach$705k
Submarket $/SF estimate$770k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$59/SF
County average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$27 – $109
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSMYTH

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.9
Wholesale Shop8.4
Convenience Store8.3

Location

5723 Atkins Tank Rd Atkins, VA 24311
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5309 Lee, Atkins, VA 24311-3236 $500,000 Mar 2025 3,360 SF
7135 Lee, Atkins, VA 24311 $275,000 Dec 2024 4,189 SF
5918 Lee, Atkins, VA 24311 $639,000 Aug 2022 8,816 SF
5522 Lee, Atkins, VA 24311-3004 $1,452,596 Dec 2021 3,360 SF
5535 Lee, Atkins, VA 24311-3005 $549,500 Jul 2019 5,091 SF
260 Gordondale, Atkins, VA 24311-3157 $525,000 Nov 2018 52,543 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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