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    Property profile & analytics

    129 Broad St Ste C Danville, VA 24541-2337

    • Medical offices
    • 8,860 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $3,725,000
    Last Sale
    Apr 30, 2024
    $3,775,000
    Location Intelligence
    Property ID
    US87-1691439
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fresenius Kidney Care Danville / Dialysis Center
    • Victor Owusu-Yaw, MD / Neurologist
    • Danville Neurology Associates / Doctor
    • Esrd Dialysis Facility / Health
    • Singer Joel MD / Doctor

    Property Details for 129 Broad St Ste C

    Year built
    1994
    Construction
    CONCRETE BLOCKS
    Lot size
    0.06 lot acres
    Property size
    8,860 SF
    Zone code
    TRANSITIONAL OFFICE
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    26638
    APU
    26638

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,775,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,445,000
      6.5%
      $3,965,000
      7%
      $3,700,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,250,000
      Geo Method
      $3,770,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,940,000
      Retail
      $3,555,000
      Mixed-Use
      $3,650,000
      Hospitality
      $3,485,000
      Educational
      $3,105,000
      Residential Income
      $3,255,000
      Energy
      $3,855,000
      Income-Based Land
      $3,545,000
      Food Service
      $4,115,000

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Danville City
    State
    Virginia
    Longitude
    -79.4039
    Latitude
    36.5805
    CBSA code
    19260
    CBSA name
    DANVILLE, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $6,488
    $0.00
    $796,200
    $796,200
    -
    $0.00
    $796,200
    $796,200

    Comparable in this City

    • Value Estimation by Request
      9,000 SF

      174 Executive Dr

      MEDICAL BUILDING • 9,000 SF
      174 Executive Dr, Danville, VA 24541-4100
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    • Value Estimation by Request
      8,062 SF

      125 Executive Dr Ste D

      MEDICAL BUILDING • 8,062 SF
      125 Executive Dr Ste D, Danville, VA 24541-4155
      View Details
    • Value Estimation
      $2,590,000
      9,840 SF

      202 Boatwright Ave

      MEDICAL BUILDING • 9,840 SF
      202 Boatwright Ave, Danville, VA 24541-1902
      View Details
    • Value Estimation
      $390,000
      3,000 SF

      159 Executive Dr Ste J

      MEDICAL BUILDING • 3,000 SF
      159 Executive Dr Ste J, Danville, VA 24541-4160
      View Details
    • Value Estimation
      $385,000
      3,618 SF

      130 Gray St

      MEDICAL BUILDING • 3,618 SF
      130 Gray St, Danville, VA 24541-2942
      View Details
    • Value Estimation
      $230,000
      2,934 SF

      116 Magnolia Dr

      MEDICAL BUILDING • 2,934 SF
      116 Magnolia Dr, Danville, VA 24541-3626
      View Details

    Similar Nearby for Sale

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      0.38 Acres

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    Similar Nearby for Lease

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      Prime Danville retail, high visibility.
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      Davis Garage: River District Retail Space

      10,200 SF Retail/Restaurant Space Available
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    • Contact for pricing
      12,000 SF

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      Retail space in a 235,000 SF shopping center.
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      View Details
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    Danville, VA 24541-2337
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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