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Property profile & analytics
FOR SALE
Commercial real estate
102 Industrial Blvd Toano, VA 23168
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-1743144
For Sale
1 / 37
Contact for pricing
102 Industrial Blvd, Toano, VA 23168
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1985
Total area
1,456 SF
Lot
0.53 ac (23,130 SF)
Zoning code
M2 GENERAL INDUSTRIAL
APN
12-4 01-0-0013-J
UPID
US87-1743144
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
Current use
Occupant on record · Public records
-
Elite Health and Fitness Gym & Fitness Center
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
Daniel Pinney · 3 yrs held
Daniel Pinney
since 2022
Last sale
$325,000
2 recorded transactions
Zoning & alternative use
M2 GENERAL INDUSTRIAL · Toano, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Toano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Toano 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
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$1,272
Tax year 2019
Assessed value
$151,400
Assessed 2023
Previous assessed
$151,400
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$87,600
Assessed improvement
$63,800
Land market value
$87,600
Improvement market value
$63,800
Total market value
$151,400
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1985
Heating
NONE
Cooling
NONE
Stories
1
Total area
1,456 SF
Lot
0.53 ac (23,130 SF)
Zoning code
M2 GENERAL INDUSTRIAL
APN
12-4 01-0-0013-J
UPID
US87-1743144
Jurisdiction
JAMES CITY
Zoning & alternative use
M2 GENERAL INDUSTRIAL · Toano, VAZoning M2 GENERAL INDUSTRIAL · permitted uses
M2 GENERAL INDUSTRIAL · Toano, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Daniel Pinney
Individual
Mailing address
4861 ROCHAMBEAU DR, WILLIAMSBURG, VA 23188-7121
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2022
$325,000
Daniel Pinney
Michael W Scruggs SR.
Warranty Deed
$260,000 · 1st Advantage Federal Credit Union
May 18, 2017
—
Michael W Scruggs SR
Scruggs Ruth W Trust
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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