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Property profile & analytics
OFF-MARKET
Estimated value
$2,330,000
Commercial real estate
15 Appledore Ln Natural Bridge, VA 24578-3602
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-3058116
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1964
Total area
62,626 SF
Lot
25.55 ac (1,112,958 SF)
Zoning code
A2
APN
106 50 33
UPID
US87-3058116
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
-
Natural Bridge Historic Hotel and Conference Center Hotel & Motel
-
Natural Bridge of Virginia Historic Hotel and Conference Center Hotel & Motel
-
Monacan Walking Trail Hiking Area
-
Broughton Gary Church
-
Red Fox Tavern Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.45M
Blend (final)
Blend
$2.33M
Owner & transaction history
Natural Bridge Hotels LLC · 1 yrs held
Natural Bridge Hotels LLC
since 2025
2 recorded transactions
Zoning & alternative use
A2 · Natural Bridge, 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 Natural Bridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Natural Bridge 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
$2.33M
Range $2.10M – $2.56M · ±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
$37 / 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
Property tax & assessments
Assessed value
$2,463,300
Assessed 2023
Previous assessed
$7,042,200
-65.0% YoY
Assessed land
$307,800
Assessed improvement
$2,155,500
Land market value
$307,800
Improvement market value
$2,155,500
Total market value
$2,463,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1964
Heating
HOT WATER
Cooling
YES
Buildings
6
Stories
3
Units
86
Rooms
4
Bathrooms
1
Total area
62,626 SF
Lot
25.55 ac (1,112,958 SF)
Zoning code
A2
APN
106 50 33
UPID
US87-3058116
Jurisdiction
ROCKBRIDGE
Zoning & alternative use
A2 · Natural Bridge, VAZoning A2 · permitted uses
A2 · Natural Bridge, 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
1964
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
6
Units
86
Rooms
4
Bathrooms
1
Lot
25.55 ac
Current owner
From public records · entity-resolved
Natural Bridge Hotels LLC
Entity
Mailing address
15 APPLEDORE LN, NATURAL BRIDGE, VA 24578-3602
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2025
—
Natural Bridge Hotels LLC
—
Deed
related
$3,500,000 · Bank Of Botetourt
May 3, 2018
—
Natural Bridge Hotel And Conference
—
Deed
related
$210,154 · Lara Natural Resources LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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