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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
1002 Park NE Ave Norton, VA 24273-1036
Individually Owned
Free & Clear
Property ID
US87-2471987
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Lot
1.95 ac (84,942 SF)
Zoning code
B-3
APN
377-A-48
UPID
US87-2471987
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
JEFFERSON BOOTZ
JEFFERSON BOOTZ
Zoning & alternative use
B-3 · Norton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The general business zone is established to provide locations on heavily traveled collector and arterial highways for a full range of retail commercial, service and office uses, as well as higher density residential developments which are oriented to the automobile, require large land areas and good access and do not depend upon adjoining uses for reasons of…
Zone name
General Business Zone
General category
COMMERCIAL
Zone area
848.21 ac
Source
Realmo
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 Norton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Property tax & assessments
Assessed value
$84,000
Assessed 2023
Previous assessed
$84,000
+0.0% YoY
Assessed land
$60,000
Assessed improvement
$24,000
Land market value
$60,000
Improvement market value
$24,000
Total market value
$84,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Heating
YES
Cooling
NONE
Lot
1.95 ac (84,942 SF)
Zoning code
B-3
APN
377-A-48
UPID
US87-2471987
Jurisdiction
NORTON CITY
Zoning & alternative use
B-3 · Norton, VAZoning B-3 · permitted uses
B-3 · Norton, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The general business zone is established to provide locations on heavily traveled collector and arterial highways for a full range of retail commercial, service and office uses, as well as higher density residential developments which are oriented to the automobile, require large land areas and good access and do not depend upon adjoining uses for reasons of comparison shopping or pedestrian trade
Zone name
General Business Zone
General category
COMMERCIAL
Zone area
848.21 ac
Source
Realmo
Building & site characteristics
From public records
Heating
YES
Cooling
Yes
Lot
1.95 ac
Current owner
From public records · entity-resolved
JEFFERSON BOOTZ
Individual
Free & Clear · 0 yrs held
Mailing address
1002 PARK AVE NE LOT #13, NORTON, VA 24273-1035
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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