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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Hospitals
142 Main St Danville, VA 24541-2922
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-1374518
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2007
Construction
CONCRETE BLOCKS
Total area
10,373 SF
Lot
9.5 ac (413,820 SF)
Zoning code
TRANSITIONAL OFFICE
APN
26338
UPID
US87-1374518
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
-
Sovah Health - Danville Hospital
-
Sovah Cancer Center - Medical Oncology & Hematology Medical Clinic
-
Danville Physician Practices Medical Clinic
-
Fresenius Medical Care at Danville Regional Medical Clinic
-
Lekwuwa Okafor M MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.37M
Owner & transaction history
Danville Regional Medical Center Ll · 2 yrs held
Danville Regional Medical Center Ll
since 2024
3 recorded transactions
Zoning & alternative use
TRANSITIONAL OFFICE · Danville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.4M
+1.4%
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
by Request
ML approach
$1,010,000
CAP Approach
CAP Return
Estimation
6%
$1,615,000
6.5%
$1,490,000
7%
$1,385,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,335,000
Current use
RESTAURANT
$1,355,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10%
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
$132 / 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
$523,706
Tax year 2023
Assessed value
$62,345,900
Assessed 2023
Previous assessed
$62,345,900
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$826,700
Assessed improvement
$61,519,200
Land market value
$826,700
Improvement market value
$61,519,200
Total market value
$62,345,900
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2007
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
5
Total area
10,373 SF
Lot
9.5 ac (413,820 SF)
Zoning code
TRANSITIONAL OFFICE
APN
26338
UPID
US87-1374518
Jurisdiction
DANVILLE CITY
Zoning & alternative use
TRANSITIONAL OFFICE · Danville, VA
Zoning TRANSITIONAL OFFICE · permitted uses
TRANSITIONAL OFFICE · Danville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.4M
MEDICAL BUILDING Current
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
2007
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
5
Lot
9.5 ac
Current owner
From public records · entity-resolved
Danville Regional Medical Center Ll
Individual
Mailing address
14400 METCALF AVE, OVERLAND PARK, KS 66223-2989
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Mar 19, 2024
—
Danville Regional Medical Center Ll
—
Deed
related
$2,200,000 · Wilmington Trust National Association
Aug 26, 2020
—
Danville Regional Medical Center Ll
—
Deed
related
$71,088,300 · Wilmington Trust NA
Nov 7, 2019
—
Danville Regional Medical Center Ll
—
Deed
related
$160,000,000 · Wilmington Trust NA
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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