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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Commercial real estate
1320 Lee St West Point, VA 23181
Individually Owned
5-yr Hold
Free & Clear
Property ID
US87-1601837
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2011
Construction
WOOD FRAME
Total area
5,116 SF
Lot
1.02 ac (44,431 SF)
Zoning code
B-1
APN
69A3 761131
UPID
US87-1601837
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
$1.04M
CAP Approach
CAP
$985k
Comparable Approach
Comparable
$897k
Blend (final)
Blend
$910k
Owner & transaction history
Jonathan C Kinney · 5 yrs held
Jonathan C Kinney
since 2021
Last sale
$900,000
2 recorded transactions
Zoning & alternative use
B-1 · West Point, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the B-1 Highway Business District is to accommodate a wide range of retail, wholesale, service and office uses which cater primarily to the traveling public and which serve the community as a whole and the region surrounding the community.
Zone name
Highway Business
General category
COMMERCIAL
Zone area
54.09 ac
Source
Realmo
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 West Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Point 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
$1,100,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
$1,065,000
6.5%
$985,000
7%
$915,000
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $900k (Mar 16 2021)
Last sale anchor
$900k
Mar 16 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
$178 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,105
Tax year 2023
Assessed value
$779,500
Assessed 2023
Previous assessed
$761,416
+2.4% YoY
Effective rate
0.27%
On assessed value
Assessed land
$356,400
Assessed improvement
$423,100
Land market value
$356,400
Improvement market value
$423,100
Total market value
$779,500
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
2011
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
5,116 SF
Lot
1.02 ac (44,431 SF)
Zoning code
B-1
APN
69A3 761131
UPID
US87-1601837
Jurisdiction
KING WILLIAM
Zoning & alternative use
B-1 · West Point, VAZoning B-1 · permitted uses
B-1 · West Point, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the B-1 Highway Business District is to accommodate a wide range of retail, wholesale, service and office uses which cater primarily to the traveling public and which serve the community as a whole and the region surrounding the community.
Zone name
Highway Business
General category
COMMERCIAL
Zone area
54.09 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2011
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
4
Lot
1.02 ac
Current owner
From public records · entity-resolved
Jonathan C Kinney
Individual
Free & Clear · 5 yrs held
Mailing address
2311 WILSON BLVD, ARLINGTON, VA 22201-5417
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2021
$900,000
Jonathan C Kinney
West Point Properties LLC
Warranty Deed
—
Mar 16, 2021
—
West Point Properties LLC
The Tower Of Deliverance Church
Sheriffs Deed
related
—
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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