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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Industrial properties
1518 Hershberger NW Rd Roanoke, VA 24012-7320
Individually Owned
Absentee Owner
Free & Clear
Property ID
US87-0865981
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1971
Construction
WOOD
Total area
2,506 SF
Lot
0.54 ac (23,514 SF)
Zoning code
MX
APN
227-0101
UPID
US87-0865981
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
-
Pinnacle Financial Partners Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.17M
Owner & transaction history
Arctrust Exchange II Dst
Arctrust Exchange II Dst
since 2026
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
MX · Roanoke, 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 Roanoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roanoke 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
$1,200,000
ML approach
$1,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±10% · vs last sale $1.15M (Feb 19 2026)
Last sale anchor
$1.15M
Feb 19 2026
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
$465 / 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
$12,079
Tax year 2024
Assessed value
$853,600
Assessed 2024
Previous assessed
$823,300
+3.7% YoY
Effective rate
1.42%
On assessed value
Assessed land
$333,600
Assessed improvement
$520,000
Land market value
$333,600
Improvement market value
$520,000
Total market value
$853,600
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
1
Total area
2,506 SF
Lot
0.54 ac (23,514 SF)
Zoning code
MX
APN
227-0101
UPID
US87-0865981
Jurisdiction
ROANOKE CITY
Zoning & alternative use
MX · Roanoke, VA
Zoning MX · permitted uses
MX · Roanoke, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roanoke. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Arctrust Exchange II Dst
Individual
Free & Clear · 0 yrs held
Mailing address
30 N LA SALLE ST STE #4140, NASHVILLE, TN 37201
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2026
$1,146,005
Arctrust Exchange II Dst
Pnb Portfolio Owner LLC
Special Warranty Deed
—
Jun 14, 2023
—
Pnb Portfolio Owner LLC
—
Deed
related
$130,818,000 · Texas Capital Bank NA
May 25, 2023
$823,300
Pinnacle Bank
Pnb Portfolio Owner LLC
Lease
—
May 25, 2023
$946,026
Pnb Portfolio Owner LLC
Pinnacle Bank
Special Warranty Deed
$130,818,000 · Tracy Horstkamp
May 25, 2023
—
Pnb Portfolio Owner LLC
—
Deed
related
$130,818,000 · Texas Capital Bank 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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