Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$27,045,000
Retail space
1100 Main St Danville, VA 24541-2939
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-1419868
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1922
Total area
789,481 SF
Lot
78.07 ac (3,400,729 SF)
Zoning code
MANUFACTURING DISTRICT
APN
51530
UPID
US87-1419868
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
-
Caesars Virginia Hotel & Motel Resort
-
Wall Residences Social Service Agency
-
Caesars Casino Main Entrance Marketing & Advertising
-
New Caesars Community Center
-
Caesars Resort and Casino Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$27.63M
Blend (final)
Blend
$27.05M
Owner & transaction history
2jk LLC · 4 yrs held
2jk LLC
since 2022
7 recorded transactions
Zoning & alternative use
MANUFACTURING DISTRICT · Danville, VA
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 Danville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$27.05M
Range $24.34M – $29.75M · ±10%
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
$34 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$12,701
Tax year 2021
Assessed value
$1,818,000
Assessed 2023
Previous assessed
$1,818,000
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$1,021,200
Assessed improvement
$796,800
Land market value
$1,021,200
Improvement market value
$796,800
Total market value
$1,818,000
Applied tax rate
5,101,110.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1922
Heating
NONE
Total area
789,481 SF
Lot
78.07 ac (3,400,729 SF)
Zoning code
MANUFACTURING DISTRICT
APN
51530
UPID
US87-1419868
Jurisdiction
DANVILLE CITY
Zoning & alternative use
MANUFACTURING DISTRICT · Danville, VAZoning MANUFACTURING DISTRICT · permitted uses
MANUFACTURING DISTRICT · Danville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
UDC April 2026
Building & site characteristics
From public records
Year built
1922
Heating
NONE
Lot
78.07 ac
Current owner
From public records · entity-resolved
2jk LLC
Entity
Mailing address
PO BOX 543185, DALLAS, TX 75354-3185
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2024
—
Caesars Virginia LLC
—
Deed
related
$425,000,000 · Wells Fargo Bank NA
May 20, 2022
$650,000
2jk LLC
Ngm LLC
Warranty Deed
$520,000 · First National Bank
Feb 9, 2022
—
Caesars Virginia LLC
City Of Danville Virginia
Deed
—
Dec 30, 2020
$5,000
Caesars Virginia LLC
Schoolfield Properties LLC
Warranty Deed
—
Sep 21, 2020
—
Wall Residences INC
—
Deed
related
$3,000,000 · The First Bank And Trust Company
Feb 20, 2020
$10,000
1076 Schoolfield LLC
Schoolfield Properties LLC
Warranty Deed
—
Apr 15, 2019
$392,500
Ngm LLC
David E Stanton
Warranty Deed
$450,000 · Virginia Bank & Trust
Dec 29, 2017
—
Schoolfield Properties LLC A Virgin
Industrial Development Authority Of
Deed
—
Aug 9, 2016
—
David E Stanton
—
Deed
related
$245,700 · First Citizens Bank & Trust Company
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1100 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
