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Property profile & analytics
OFF-MARKET
Residential income homes
1111 Main St Danville, VA 24540-4433
Entity Owned
1-yr Hold
Free & Clear
Property ID
US87-1526196
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1900
Total area
3,087 SF
Lot
0.38 ac (16,553 SF)
Zoning code
OLD TOWN RESIDENTIAL
APN
835
UPID
US87-1526196
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
-
Commonwealth Senior Living at Stratford House Community Center
-
Milam's Home For Adults Nursing Home Retirement Community
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
Mach I Properties LLC · 1 yrs held
Mach I Properties LLC
since 2024
Last sale
$160,000
4 recorded transactions
Zoning & alternative use
OLD TOWN RESIDENTIAL · Danville, 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 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
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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,249
Tax year 2021
Assessed value
$154,000
Assessed 2023
Previous assessed
$154,000
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$2,300
Assessed improvement
$151,700
Land market value
$2,300
Improvement market value
$151,700
Total market value
$154,000
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1900
Heating
YES
Cooling
YES
Stories
1
Rooms
8
Bathrooms
3
Total area
3,087 SF
Lot
0.38 ac (16,553 SF)
Zoning code
OLD TOWN RESIDENTIAL
APN
835
UPID
US87-1526196
Jurisdiction
DANVILLE CITY
Zoning & alternative use
OLD TOWN RESIDENTIAL · Danville, VA
Zoning OLD TOWN RESIDENTIAL · permitted uses
OLD TOWN RESIDENTIAL · Danville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
YES
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
3
Lot
0.38 ac
Current owner
From public records · entity-resolved
Mach I Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1111 N MAIN ST, DANVILLE, VA 24540-4433
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
—
Mcap Danville LLC
—
Deed
related
$24,300,000 · Trustmark National Bank
Sep 26, 2024
$72,000
Mach I Properties LLC
Robert T Vaughan JR
Trust Deed
related
—
Jan 30, 2019
$160,000
Total Restoration Deliverance Minis
Debra M Arthur
Warranty Deed
$145,000 · Party III
Oct 20, 2016
$2,869,605
Mcap Danville LLC A Delaware Limite
Stratford House Center Properties I
Warranty Deed
$5,500,000 · Xenith Bank
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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