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Property profile & analytics
OFF-MARKET
Estimated value
$2,100,000
Commercial real estate
111 Enterprise Ln Rocky Gap, VA 24366
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-2682805
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2011
Total area
24,120 SF
Lot
20.81 ac (906,484 SF)
Zoning code
C
APN
12 A 116
UPID
US87-2682805
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
-
W & B Fabricators Industrial Manufacturer Production Facility
-
America Mining Services LLC Industrial Park Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.10M
Owner & transaction history
W&b Fabricators INC · 3 yrs held
W&b Fabricators INC
since 2023
Last sale
$2.0M
4 recorded transactions
Zoning & alternative use
C · Rocky Gap, 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 Rocky Gap submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocky Gap 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
$2,145,000
ML approach
$2,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.10M
Range $1.89M – $2.31M · ±10% · vs last sale $2.00M (Mar 13 2023)
Last sale anchor
$2.00M
Mar 13 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
$87 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$11,703
Tax year 2023
Assessed value
$1,950,500
Assessed 2023
Previous assessed
$1,950,500
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$181,700
Assessed improvement
$1,768,800
Land market value
$181,700
Improvement market value
$1,768,800
Total market value
$1,950,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2011
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
1
Total area
24,120 SF
Lot
20.81 ac (906,484 SF)
Zoning code
C
APN
12 A 116
UPID
US87-2682805
Jurisdiction
BLAND
Zoning & alternative use
C · Rocky Gap, VA
Zoning C · permitted uses
C · Rocky Gap, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocky Gap. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
1
Lot
20.81 ac
Current owner
From public records · entity-resolved
W&b Fabricators INC
Entity
Mailing address
PO BOX 179, ROCKY GAP, VA 24366-0179
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2023
$2,000,000
W&b Fabricators INC
R & W Rentals LLC
Warranty Deed
$1,700,000 · New Peoples Bank INC
May 15, 2019
—
R & W Rentals LLC
—
Deed
related
$2,096,500 · New Peoples Bank INC
Aug 28, 2013
$1,700,000
R And W Rentals LLC
Morefield Holdings LLC
Warranty Deed
$6,250,000 · Branch Banking & Trust Co
Feb 2, 2010
$150,000
Joan Lee Perkinson
Robbert E Perkinson
Warranty Deed
related
—
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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