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Property profile & analytics
OFF-MARKET
Commercial real estate
11704 Spotswood Trl, Elkton, VA 22827-3237
Entity Owned
2-yr Hold
Free & Clear
Property ID
US87-2739329
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2015
Total area
100 SF
Lot
0.53 ac (23,261 SF)
Zoning code
GENERAL BUSINESS DIST
APN
129-(6)- L3
UPID
US87-2739329
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
-
Virginia Hay Co LLC Car Rental Facility
-
BrewHaha Brewing Company Production Facility Brewery & Distillery
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
Ballou Enterprise LLC · 2 yrs held
Ballou Enterprise LLC
since 2023
Last sale
$545,000
3 recorded transactions
Zoning & alternative use
GENERAL BUSINESS DIST · Elkton, 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 Elkton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkton 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,748
Tax year 2024
Assessed value
$257,000
Assessed 2024
Previous assessed
$257,000
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$80,100
Assessed improvement
$176,900
Land market value
$80,100
Improvement market value
$176,900
Total market value
$257,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2015
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
1
Rooms
5
Total area
100 SF
Lot
0.53 ac (23,261 SF)
Zoning code
GENERAL BUSINESS DIST
APN
129-(6)- L3
UPID
US87-2739329
Jurisdiction
ROCKINGHAM
Zoning & alternative use
GENERAL BUSINESS DIST · Elkton, VA
Zoning GENERAL BUSINESS DIST · permitted uses
GENERAL BUSINESS DIST · Elkton, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Elkton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Rooms
5
Lot
0.53 ac
Current owner
From public records · entity-resolved
Ballou Enterprise LLC
Entity
Free & Clear · 2 yrs held
Mailing address
11702 SPOTSWOOD TRL, ELKTON, VA 22827-3237
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2023
—
Ballou Enterprise LLC
Andrew Gornell Ballou
Intrafamily Transfer
related
—
Feb 28, 2018
$825,000
Frank William Ballou
Paul A Dovel III
Deed
—
Mar 14, 2011
$475,000
Paul A Dovel III
Ljmds Properties LLC
Bargain And Sale Deed
—
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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