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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Commercial real estate
146 Old Cross Rd New Market, VA 22844-9601
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-2360070
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1962
Total area
3,692 SF
Lot
0.39 ac (16,901 SF)
Zoning code
B-2
APN
103A1 A 059
UPID
US87-2360070
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Mobil Gas Station
-
Exxon Gas Station
-
Shortstop Convenience & wine shop Grocery & Convenience Store
-
Amazon Hub Locker - Boomerang Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$519k
Blend (final)
Blend
$540k
Owner & transaction history
Roger S Nemoytin · 4 yrs held
Roger S Nemoytin
since 2021
2 recorded transactions
Zoning & alternative use
B-2 · New Market, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Article IX. Interstate Corridor Business, District B-2 Sec. 70- 69 Statement of Purpose and Intent The B-2 Highway Corridor Business District (the “B-2 Business District”) is intended to accommodate a wide range of commercial uses and service activities, such as general businesses, highway-oriented commercial uses, fast-food establishments, and similar uses…
Zone name
Interstate Corridor Business
General category
COMMERCIAL
Zone area
55.31 ac
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 New Market submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Market 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$146 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,185
Tax year 2024
Assessed value
$810,100
Assessed 2024
Previous assessed
$810,100
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$169,200
Assessed improvement
$640,900
Land market value
$169,200
Improvement market value
$640,900
Total market value
$810,100
Applied tax rate
7.0000
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
1962
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
1
Bathrooms
2
Total area
3,692 SF
Lot
0.39 ac (16,901 SF)
Zoning code
B-2
APN
103A1 A 059
UPID
US87-2360070
Jurisdiction
SHENANDOAH
Zoning & alternative use
B-2 · New Market, VAZoning B-2 · permitted uses
B-2 · New Market, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Article IX. Interstate Corridor Business, District B-2 Sec. 70- 69 Statement of Purpose and Intent The B-2 Highway Corridor Business District (the “B-2 Business District”) is intended to accommodate a wide range of commercial uses and service activities, such as general businesses, highway-oriented commercial uses, fast-food establishments, and similar uses that generate a large volume of traffic along primary roadways. These uses are not characterized by extensive warehousing, frequent heavy trucking activity, open storage of materials unless otherwise provided for elsewhere in this chapter, or the nuisance factors of dust, odor and noise associated with manufacturing. In order to preserve this area for these intended purposes, no future residential uses shall be permitted in the B-2 Business District except as provided in Section 70-71 of this Article.
Zone name
Interstate Corridor Business
General category
COMMERCIAL
Zone area
55.31 ac
Building & site characteristics
From public records
Year built
1962
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Roger S Nemoytin
Individual
Free & Clear · 4 yrs held
Mailing address
141 KINROSS DR, WINCHESTER, VA 22602-6736
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Dec 9, 2021
$79,500
Roger S Nemoytin
Eugene K Nemoytin
Lease
—
Oct 11, 2017
—
Alexander Nemoytin
Alexander Nemoytin
Intrafamily Transfer
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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