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Property profile & analytics
FOR SALE
Commercial real estate
110 S Carter Rd Ashland, VA 23005
Entity Owned
1-yr Hold
Free & Clear
Property ID
US87-3881977
For Sale
1 / 4
$1,200,000
110 S Carter Rd, Ashland, VA 23005
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.73 ac (31,886 SF)
Zoning code
B-2
APN
7880-20-7918
UPID
US87-3881977
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
A And P Rental Properties LLC · 1 yrs held
A And P Rental Properties LLC
since 2025
7 recorded transactions
Zoning & alternative use
B-2 · Ashland, 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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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
$3,872
Tax year 2024
Assessed value
$478,000
Assessed 2024
Previous assessed
$478,000
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$478,000
Land market value
$478,000
Total market value
$478,000
Applied tax rate
8.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Heating
NONE
Cooling
YES
Lot
0.73 ac (31,886 SF)
Zoning code
B-2
APN
7880-20-7918
UPID
US87-3881977
Jurisdiction
HANOVER
Zoning & alternative use
B-2 · Ashland, VA
Zoning B-2 · permitted uses
B-2 · Ashland, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Lot
0.73 ac
Current owner
From public records · entity-resolved
A And P Rental Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 25732, RICHMOND, VA 23260-5732
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
—
A And P Rental Properties LLC
Steve S Farag
Deed
—
Oct 15, 2013
$165,000
Steve Farag LLC
Virginia Cmnwlt Bk
Grant Deed
$107,250 · Essex Bank
Sep 20, 2011
$123,950
Virginia Cmnwlt Bk
Hill Robert B
Trustees Deed
related
—
Aug 29, 2005
$1,000,000
Sharadchandra J Amin
Southeast Consultants LLC
Grant Deed
$610,000 · First Fsb Va
Jul 1, 2004
$1,530,000
Southeast Consultants LLC
Astik INC
Grant Deed
$765,000 · Astik LLC
Jan 21, 2003
$220,000
The Town Of Ashland Va
Astik INC
Grant Deed
—
—
—
Sharadchandra J Amin
—
Deed Of Trust
related
$51,000 · First Federal Savings Bank
—
—
Sharadchandra J Amin
—
Deed Of Trust
related
$685,000 · First Federal Savings Bank
—
—
Sharadchandra J Amin
—
Deed Of Trust
related
$106,000 · Franklin Fed'l S&l Richmond
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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