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Property profile & analytics
OFF-MARKET
Estimated value
$240,000
Warehouses
1111 Longhollow Rd Buena Vista, VA 24416-4521
Individually Owned
2-yr Hold
Free & Clear
Property ID
US87-3037377
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1953
Total area
5,001 SF
Lot
1.74 ac (75,794 SF)
Zoning code
B-1
APN
77 21 3A1
UPID
US87-3037377
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
-
Jamerson Garage Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$240k
Owner & transaction history
Benjamin Jamerson · 2 yrs held
Benjamin Jamerson
since 2024
1 recorded transaction
Zoning & alternative use
B-1 · Buena Vista, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district covers that portion of the city intended for the conduct of general business to which the public requires direct and frequent access,
Zone name
General Business
General category
COMMERCIAL
Zone area
14.93 ac
Source
Realmo
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 Buena Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buena Vista 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
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$240k
Range $216k – $264k · ±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
$48 / 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
Property tax & assessments
Assessed value
$109,800
Assessed 2023
Previous assessed
$101,100
+8.6% YoY
Assessed land
$34,800
Assessed improvement
$75,000
Land market value
$34,800
Improvement market value
$75,000
Total market value
$109,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1953
Heating
SPACE
Cooling
NONE
Stories
1
Units
1
Rooms
2
Total area
5,001 SF
Lot
1.74 ac (75,794 SF)
Zoning code
B-1
APN
77 21 3A1
UPID
US87-3037377
Jurisdiction
ROCKBRIDGE
Zoning & alternative use
B-1 · Buena Vista, VAZoning B-1 · permitted uses
B-1 · Buena Vista, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district covers that portion of the city intended for the conduct of general business to which the public requires direct and frequent access,
Zone name
General Business
General category
COMMERCIAL
Zone area
14.93 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1953
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Rooms
2
Lot
1.74 ac
Current owner
From public records · entity-resolved
Benjamin Jamerson
Individual
Free & Clear · 2 yrs held
Mailing address
253 PNE RDG RD, FABER, VA 22938-2460
Ownership since
2024
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 11, 2024
—
Benjamin Jamerson
Benjamin Jamerson
Gift 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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