Financial
Distress signals
Property profile

103 Tower Dr Danville, VA 24540

FOR LEASE
Banks
Property ID
US87-1563814
15,227 SF 1.16 ac lot Built 1985
Last sale Dec 2024 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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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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 · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$1.72M
Assessed land$156k
Assessed improvement$1.56M
Effective rate0.84%

Value estimate

· Sep 2026
$935k
$842k – $1.03M
NOI build-up
Gross scheduled income$284k
Vacancy & credit loss−$60k
Operating expenses−$56k
NOI · 24,072.43% cap applied$169k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
24,072.43%
$169k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HIGHWAY RETAIL COMM
JurisdictionDANVILLE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.1
Realty agency11.8
Plumbing Service10.0

Location

103 Tower Dr Danville, VA 24540
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
274 Hairston, Danville, VA 24540-4138 $127,500 Oct 2024 4,032 SF
1407 Boston, Danville, VA 24540-5011 $595,000 Sep 2024 3,262 SF
1118 Piney Frst, Danville, VA 24540-1506 $300,000 Sep 2024 3,600 SF
1081 Piney Frst, Danville, VA 24540-1507 $783,900 Sep 2024 17,040 SF
530 Arnett, Danville, VA 24540-2520 $100,000 Aug 2024 3,122 SF
139 Deer Run, Danville, VA 24540-2863 $314,900 May 2024 3,822 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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