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Property profile & analytics
FOR SALE
Commercial real estate
1129 Thomas Jefferson Rd Forest, VA 24551
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-2128506
For Sale
1 / 25
$1,175,000
1129 Thomas Jefferson Rd, Forest, VA 24551
View Listing →
Property summary
AI-generated overview
This exceptional commercial property at 1129 Thomas Jefferson Road, Forest, VA 24551, presents a unique investment opportunity. Situated on a 0.79-acre lot with ample road frontage on Thomas Jefferson Road and Burnbridge Road, this single-tenant building offers 6,885 square feet of space. The main floor comprises 5,076 square feet of finished creative office space, ideal for a variety of businesses. Additional unfinished mezzanine space on the second floor provides significant expansion potential. The property boasts 37 parking spaces, ensuring ample convenience for employees and clients. Located in a rapidly growing area of Bedford County, this property benefits from easy access to US Route 221, a major transportation artery. The property is zoned C-2 and features single-phase power. This is a high-income-potential property with significant upside for investors seeking a prime location in the thriving Forest submarket. The property is currently fully occupied.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.78 ac (33,977 SF)
APN
117 A 36
UPID
US87-2128506
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
-
Winey Chicks Boutique Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Two Turns LLC · 4 yrs held
Two Turns LLC
since 2022
Last sale
$950,000
4 recorded transactions
Zoning & alternative use
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 Forest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Forest 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
$1,030,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Jun 3 2022)
Last sale anchor
$950k
Jun 3 2022
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
—
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
$3,849
Tax year 2023
Assessed value
$469,450
Assessed 2023
Previous assessed
$270,250
+73.7% YoY
Effective rate
0.82%
On assessed value
Land market value
$169,900
Improvement market value
$769,000
Total market value
$938,900
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
Buildings
2
Lot
0.78 ac (33,977 SF)
APN
117 A 36
UPID
US87-2128506
Jurisdiction
BEDFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
Two Turns LLC
Entity
Mailing address
1103 DARBY LN, FOREST, VA 24551-2436
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2022
$950,000
Two Turns LLC
Donna Leigh Barringer
Warranty Deed
$807,500 · Pinnacle Bank
Dec 17, 2021
—
The Bedford Regional Water Authorit
Tom Scott
Quit Claim Deed
related
—
Aug 18, 2014
$2,034,000
Forst Cloverhill Investments LLC
Jefferson Parc Associates LLC
Deed
—
Jun 21, 2011
—
Donna Leigh Barringer
Donna Leigh Barringer
Intrafamily Transfer
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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