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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Retail space
12029 Nickelsville Hwy Nickelsville, VA 24271-3067
Individually Owned
5-yr Hold
Free & Clear
Property ID
US87-1656930
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Total area
10,934 SF
Lot
1.68 ac (73,094 SF)
APN
73A1 A 78
UPID
US87-1656930
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
-
Dollar General Discount Store
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Paul Sislin · 5 yrs held
Paul Sislin
since 2021
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+34.1%
Restaurant
$1.8M
+31.7%
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 Nickelsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nickelsville 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
$1,200,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,375,000
Current use
OFFICE BUILDING
$1,845,000
Change: +34% · Conversion: Easy
RESTAURANT
$1,810,000
Change: +32% · Conversion: Easy
Blend value · Realmo final
$1.43M
Range $1.29M – $1.57M · ±10% · vs last sale $1.58M (May 25 2021)
Last sale anchor
$1.58M
May 25 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
$131 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$8,030
Tax year 2019
Assessed value
$960,300
Assessed 2023
Previous assessed
$960,300
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$125,900
Assessed improvement
$834,400
Land market value
$125,900
Improvement market value
$834,400
Total market value
$960,300
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
2017
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
3
Bathrooms
1
Total area
10,934 SF
Lot
1.68 ac (73,094 SF)
APN
73A1 A 78
UPID
US87-1656930
Jurisdiction
SCOTT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.8M
RESTAURANT
Est. value
$1.8M
RETAIL STORES Current
OFFICE BUILDING
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
1
Lot
1.68 ac
Current owner
From public records · entity-resolved
Paul Sislin
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 39817, LOS ANGELES, CA 90039-0817
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2021
$1,582,304
Paul Sislin
Nickelsville Dg Holdings LLC
Special Warranty Deed
—
Jul 27, 2018
$1,425,000
Nickelsville Dg Holdings LLC
Jmb Investment Company LLC
Special Warranty Deed
$790,000 · City National Bank Of West Virginia
Nov 28, 2017
—
Jmb Investment Company LLC A Tennes
Jmb Investment Company LLC A Tennes
Intrafamily Transfer
related
—
Sep 5, 2017
$115,500
Jmb Investment Company LLC A Tennes
Henry Clayton Wallace
Warranty Deed
$1,220,000 · Mountain Commerce Bank
Dec 15, 2016
—
Henry Clayton Wallace
Patsy H Craft
Quit Claim Deed
related
—
May 7, 2007
$61,000
Henry Clayton Wallace
Patsy H Craft
Deed
$70,025 · New Peoples Bank INC
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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