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Property profile

1165 N Independence Ave Independence, VA 24348

FOR SALE
Residential income homes
Property ID
US87-2875327
3,181 SF 0.48 ac lot Built 1940
Last sale Mar 2015 · $100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 3,181 square foot triplex apartment building, constructed in 1940, presents a compelling investment opportunity. Situated on a 0.48-acre lot (20,909 sq ft) in Grayson County, Virginia, the property boasts three furnished two-bedroom, one-bathroom units, each equipped with a stove and refrigerator. Tenants are responsible for their utilities (water, sewer, and power). The building features central heating and cooling systems. Currently generating a gross annual income of $20,580, with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$605
Tax billed · 2023
Assessed value$112k
Assessed land$25k
Assessed improvement$87k
Effective rate0.54%

Value estimate

· Oct 2026
$225k
$134k – $224k Model range
AI approach$225k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGRAYSON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply8.6
Wholesale Shop8.1
Dental Office8.1

Location

1165 N Independence Ave Independence, VA 24348
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
5 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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