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Property profile & analytics
OFF-MARKET
Manufacturing properties
155 Main St Danville, VA 24541-2921
Individually Owned
2-yr Hold
Free & Clear
Property ID
US87-1401655
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Year built
1956
Construction
CONCRETE BLOCKS
Total area
7,888 SF
Lot
0.53 ac (23,087 SF)
Zoning code
TRANSITIONAL OFFICE
APN
22066
UPID
US87-1401655
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
-
Modern Pharmacy Pharmacy
-
Harry Milam Pharmacy
-
Glenn Milam Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Harry D Milam · 2 yrs held
Harry D Milam
since 2023
1 recorded transaction
Zoning & alternative use
TRANSITIONAL OFFICE · Danville, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2021Property tax & assessments
Tax year 2021
Tax billed
$2,595
Tax year 2021
Assessed value
$326,500
Assessed 2023
Previous assessed
$326,500
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$114,400
Assessed improvement
$212,100
Land market value
$114,400
Improvement market value
$212,100
Total market value
$326,500
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
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Status
Off-Market
Year built
1956
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
2
Total area
7,888 SF
Lot
0.53 ac (23,087 SF)
Zoning code
TRANSITIONAL OFFICE
APN
22066
UPID
US87-1401655
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.
Building & site characteristics
From public records
Year built
1956
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Harry D Milam
Individual
Free & Clear · 2 yrs held
Mailing address
110 SUSSEX PL, DANVILLE, VA 24541-5512
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2023
—
Harry D Milam
Harry D Milam
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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