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Property profile & analytics
OFF-MARKET
Retail space
11960 Old Franklin Tpke Union Hall, VA 24176-3701
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1682349
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Total area
9,074 SF
Lot
1.23 ac (53,579 SF)
Zoning code
B2
APN
066 01-020 00
UPID
US87-1682349
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
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
Southbank Properties LLC · 16 yrs held
Southbank Properties LLC
since 2009
Last sale
$250,000
2 recorded transactions
Zoning & alternative use
B2 · Union Hall, 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 Union Hall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union Hall 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
Property tax & assessments
Assessed value
$268,400
Assessed 2023
Previous assessed
$268,400
+0.0% YoY
Assessed land
$123,000
Assessed improvement
$145,400
Land market value
$123,000
Improvement market value
$145,400
Total market value
$268,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1991
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
7
Bathrooms
7
Total area
9,074 SF
Lot
1.23 ac (53,579 SF)
Zoning code
B2
APN
066 01-020 00
UPID
US87-1682349
Jurisdiction
FRANKLIN
Zoning & alternative use
B2 · Union Hall, VA
Zoning B2 · permitted uses
B2 · Union Hall, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union Hall. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
7
Lot
1.23 ac
Current owner
From public records · entity-resolved
Southbank Properties LLC
Entity
Free & Clear · 16 yrs held
Mailing address
16005 5TH ST E, REDINGTON BEACH, FL 33708-1638
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2009
$550,000
Southbank Properties LLC
Altadonna,giuseppe & Cirillo
Grant Deed
—
—
—
Southbank Props LLC
—
Deed Of Trust
related
$250,000 · Franklin Community Bank NA
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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