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Property profile & analytics
OFF-MARKET
Medical Office Space
108 6th St Grottoes, VA 24441-1735
Entity Owned
4-yr Hold
Free & Clear
Property ID
US87-3231697
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1996
Lot
0.54 ac (23,392 SF)
Zoning code
GENERAL BUSINESS DIST
APN
160D4-(1)-B 5 L25
UPID
US87-3231697
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
-
Grottoes Family Dentistry Dental Office
-
Jordan Nancy w DDS Dental Office
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
Briggs And Hall Real Estate INC · 4 yrs held
Briggs And Hall Real Estate INC
since 2022
Last sale
$299,000
1 recorded transaction
Zoning & alternative use
GENERAL BUSINESS DIST · Grottoes, 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 Grottoes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grottoes 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,847
Tax year 2024
Assessed value
$271,600
Assessed 2024
Previous assessed
$271,600
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$56,000
Assessed improvement
$215,600
Land market value
$56,000
Improvement market value
$215,600
Total market value
$271,600
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
10
Bathrooms
1
Lot
0.54 ac (23,392 SF)
Zoning code
GENERAL BUSINESS DIST
APN
160D4-(1)-B 5 L25
UPID
US87-3231697
Jurisdiction
ROCKINGHAM
Zoning & alternative use
GENERAL BUSINESS DIST · Grottoes, VA
Zoning GENERAL BUSINESS DIST · permitted uses
GENERAL BUSINESS DIST · Grottoes, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grottoes. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
10
Bathrooms
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Briggs And Hall Real Estate INC
Entity
Free & Clear · 4 yrs held
Mailing address
9743 S CONGRESS STB, NEW MARKET, VA 22844-9611
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2022
$299,000
Briggs And Hall Real Estate INC
Jordan Real Estate LLC
Deed
—
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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