New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,285,000
Commercial real estate
120 Anderson Ave Bowling Green, VA 22427-9401
Entity Owned
5-yr Hold
Free & Clear
Property ID
US87-0664284
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1987
Total area
34,520 SF
Lot
4.15 ac (180,774 SF)
Zoning code
R2
APN
43A3-A-1
UPID
US87-0664284
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
-
Tinae Diaz Physician
-
Bowling Green Health & Rehabilitation Center Occupational Health Service Occupational Therapist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.22M
Blend (final)
Blend
$5.29M
Owner & transaction history
120 Anderson Avenue LLC · 5 yrs held
120 Anderson Avenue LLC
since 2021
Last sale
$5.6M
5 recorded transactions
Zoning & alternative use
R2 · Bowling Green, 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 Bowling Green submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bowling Green 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
$6,875,000
ML approach
$6,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.29M
Range $4.76M – $5.81M · ±10% · vs last sale $5.63M (Jun 2 2021)
Last sale anchor
$5.63M
Jun 2 2021
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
$153 / SF
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
$23,975
Tax year 2024
Assessed value
$3,113,700
Assessed 2024
Previous assessed
$3,113,700
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$207,500
Assessed improvement
$2,906,200
Land market value
$207,500
Improvement market value
$2,906,200
Total market value
$3,113,700
Applied tax rate
11.0000
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
1987
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
60
Bathrooms
20
Total area
34,520 SF
Lot
4.15 ac (180,774 SF)
Zoning code
R2
APN
43A3-A-1
UPID
US87-0664284
Jurisdiction
CAROLINE
Zoning & alternative use
R2 · Bowling Green, VA
Zoning R2 · permitted uses
R2 · Bowling Green, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bowling Green. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
60
Bathrooms
20
Lot
4.15 ac
Current owner
From public records · entity-resolved
120 Anderson Avenue LLC
Entity
Free & Clear · 5 yrs held
Mailing address
400 BLVD OF AMERICAS UNIT #401, LAKEWOOD, NJ 08701-4787
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2026
—
505 Rio Road West LLC
—
Deed
related
$285,000,000 · Key Bank NA
Feb 16, 2023
—
602 Madison Road LLC
—
Deed
related
$325,000,000 · The Huntington National Bank
Jun 24, 2021
—
1540 Founders Place LLC
—
Deed
related
$665,964,616 · Capital Funding
Jun 2, 2021
$5,628,000
120 Anderson Avenue LLC
Medical Facilities Of America LP
Deed
—
—
—
Medical Facilities Of Americ 40
—
Deed Of Trust
related
$1,804,600 · Lancaster Pollard Mortgage Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 120 Anderson Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
