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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Office buildings
1462 Side Hwy Waynesboro, VA 22980
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-3311508
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Total area
5,120 SF
Lot
4.61 ac (200,812 SF)
Zoning code
GENERAL BUSINESS
APN
059 35
UPID
US87-3311508
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
-
Mountain Valley Self Storage - Storage Units Waynesboro VA Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.62M
Owner & transaction history
Mmj Waynesboro LLC · 1 yrs held
Mmj Waynesboro LLC
since 2025
Last sale
$1.6M
3 recorded transactions
Zoning & alternative use
GENERAL BUSINESS · Waynesboro, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Waynesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waynesboro 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
$1,455,000
ML approach
$1,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±10% · vs last sale $1.63M (Oct 1 2021)
Last sale anchor
$1.63M
Oct 1 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
$316 / 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
$4,088
Tax year 2023
Assessed value
$1,366,100
Assessed 2024
Previous assessed
$1,366,100
+0.0% YoY
Effective rate
0.30%
On assessed value
Assessed land
$240,500
Assessed improvement
$1,125,600
Land market value
$240,500
Improvement market value
$1,125,600
Total market value
$1,366,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Heating
BASEBOARD
Cooling
YES
Stories
1
Rooms
4
Bathrooms
2
Total area
5,120 SF
Lot
4.61 ac (200,812 SF)
Zoning code
GENERAL BUSINESS
APN
059 35
UPID
US87-3311508
Jurisdiction
AUGUSTA
Zoning & alternative use
GENERAL BUSINESS · Waynesboro, VAZoning GENERAL BUSINESS · permitted uses
GENERAL BUSINESS · Waynesboro, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2006
Heating
BASEBOARD
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
2
Lot
4.61 ac
Current owner
From public records · entity-resolved
Mmj Waynesboro LLC
Entity
Mailing address
PO BOX 951, UNIONVILLE, PA 19375-0951
Ownership since
2025
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
Jan 17, 2025
—
Mmj Waynesboro LLC
Mmj Real Estate LLC
Deed
$2,700,000 · New Horizon Bank NA
Oct 12, 2022
—
Mmj Real Estate LLC
—
Deed
related
$725,000 · Live Oak Banking Company
Oct 1, 2021
$1,630,000
Mmj Real Estate LLC
Ray A Cupp
Deed
$1,526,000 · Live Oak Banking Company
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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