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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Grocery and convenience stores
1415 Piney Frst Rd Danville, VA 24540-1621
Entity Owned
4-yr Hold
Free & Clear
Property ID
US87-1540465
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1990
Construction
CONCRETE BLOCKS
Total area
4,000 SF
Lot
0.69 ac (30,056 SF)
Zoning code
HIGHWAY RETAIL COMM
APN
59575
UPID
US87-1540465
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
-
Fox Pizza & Subs Restaurant
-
ATM (BB&T) Atm
-
Royal Food Mart Grocery & Convenience Store Food Market
-
bp Car Wash
-
Piney Forest Daytona Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$774k
Blend (final)
Blend
$605k
Owner & transaction history
Kotis Properties INC · 4 yrs held
Kotis Properties INC
since 2021
Last sale
$450,000
3 recorded transactions
Zoning & alternative use
HIGHWAY RETAIL COMM · Danville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
UDC April 2026
Top alternative use upside
Office building
$515,000
+358.9%
Commercial (general)
$510,000
+354.3%
Medical building
$440,000
+289.5%
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 Danville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danville 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
$645,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$675,000
7%
$630,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$515,000
Change: +359% · Conversion: Moderate
COMMERCIAL (GENERAL)
$510,000
Change: +354% · Conversion: Easy
MEDICAL BUILDING
$440,000
Change: +289% · Conversion: Difficult
AUTO REPAIR, GARAGE
$370,000
Change: +228% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $450k (Dec 3 2021)
Last sale anchor
$450k
Dec 3 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
$151 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$3,325
Tax year 2021
Assessed value
$420,600
Assessed 2023
Previous assessed
$420,600
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$199,800
Assessed improvement
$220,800
Land market value
$199,800
Improvement market value
$220,800
Total market value
$420,600
Applied tax rate
5,101,110.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1990
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
1
Units
194
Total area
4,000 SF
Lot
0.69 ac (30,056 SF)
Zoning code
HIGHWAY RETAIL COMM
APN
59575
UPID
US87-1540465
Jurisdiction
DANVILLE CITY
Zoning & alternative use
HIGHWAY RETAIL COMM · Danville, VAZoning HIGHWAY RETAIL COMM · permitted uses
HIGHWAY RETAIL COMM · Danville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
UDC April 2026
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$510,000
MEDICAL BUILDING
Est. value
$440,000
AUTO REPAIR, GARAGE
Est. value
$370,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1990
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Units
194
Lot
0.69 ac
Current owner
From public records · entity-resolved
Kotis Properties INC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 9296, GREENSBORO, NC 27429-0296
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2021
$450,000
Kotis Properties INC
A&j Properties Of Danville LLC
Special Warranty Deed
—
Mar 22, 2018
$340,000
A And J Properties Of Danville LLC
American Pride Investments LLC A Vi
Warranty Deed
$272,000 · American National Bank And Trust Co
Jan 16, 2014
$375,000
American Pride Investment LLC
Abercrombie Oil Company INC
Warranty Deed
$307,400 · American National Bank An
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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