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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Commercial real estate
106 Riv Rd Chilhowie, VA 24319-2700
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1441460
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1973
Total area
16,690 SF
Lot
2 ac (87,120 SF)
APN
53D2-A-119
UPID
US87-1441460
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
-
Chilhowie Pizza & Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.22M
Owner & transaction history
Sahaj Hospitality Chilhowie LLC · 3 yrs held
Sahaj Hospitality Chilhowie LLC
since 2023
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
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 Chilhowie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chilhowie 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
Method
Estimation
Statistic approach
$1,260,000
ML approach
$1,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10% · vs last sale $1.18M (Jun 1 2023)
Last sale anchor
$1.18M
Jun 1 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$73 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,427
Tax year 2024
Assessed value
$1,258,800
Assessed 2024
Previous assessed
$1,029,600
+22.3% YoY
Effective rate
0.59%
On assessed value
Assessed land
$175,100
Assessed improvement
$1,083,700
Land market value
$175,100
Improvement market value
$1,083,700
Total market value
$1,258,800
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
Off-Market
Year built
1973
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Rooms
1
Bathrooms
2
Total area
16,690 SF
Lot
2 ac (87,120 SF)
APN
53D2-A-119
UPID
US87-1441460
Jurisdiction
SMYTH
Zoning & alternative use
Zoning · permitted uses
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
1973
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
2 ac
Current owner
From public records · entity-resolved
Sahaj Hospitality Chilhowie LLC
Entity
Mailing address
104 BENSENS ML CT, FREDERICKSBURG, VA 22406-5353
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
$1,175,000
Sahaj Hospitality Chilhowie LLC
Reddy Chilhowie LLC
Warranty Deed
$881,250 · Skyline National Bank
Jan 8, 2020
$1,211,000
Reddy Chilhowie LLC
Gsv Real Estate LLC
Warranty Deed
$955,000 · First Western Sblc INC
Feb 12, 2018
$130,000
Gsv Real Estate LLC A Virginia Limi
City Corp A Virginia Corporation
Warranty Deed
—
Jul 20, 2017
$128,000
City Corp A Virginia Corporation
Mahavir LLC A Virginia Limited Liab
Warranty Deed
$120,000 · Party III
Dec 8, 2009
—
Mahavir LLC
Pravinchandra Khimchand Shah
Quit Claim Deed
related
—
Nov 25, 2009
—
Pravinchandra Khimchand Shah
Soniya Hospitality Corp
Deed
$300,000 · Bank Of Tennessee
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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