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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
1646 Cow Pasture Ln, Broadway, VA 22815-3021
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US87-3009576
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Lot
11.14 ac (485,171 SF)
Zoning code
GEN AGRICULTURAL DIST
APN
66-(A)- L37
UPID
US87-3009576
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
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
Arbogast Farms LLC · 13 yrs held
Arbogast Farms LLC
since 2012
3 recorded transactions
Zoning & alternative use
GEN AGRICULTURAL DIST · Broadway, 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 Broadway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broadway 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 2024Property tax & assessments
Tax year 2024
Tax billed
$778
Tax year 2024
Assessed value
$114,420
Assessed 2024
Previous assessed
$114,420
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$32,320
Assessed improvement
$82,100
Land market value
$32,320
Improvement market value
$82,100
Total market value
$114,420
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Lot
11.14 ac (485,171 SF)
Zoning code
GEN AGRICULTURAL DIST
APN
66-(A)- L37
UPID
US87-3009576
Jurisdiction
ROCKINGHAM
Zoning & alternative use
GEN AGRICULTURAL DIST · Broadway, VA
Zoning GEN AGRICULTURAL DIST · permitted uses
GEN AGRICULTURAL DIST · Broadway, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Broadway. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Lot
11.14 ac
Current owner
From public records · entity-resolved
Arbogast Farms LLC
Entity
Mailing address
771 LACEY SPG RD, ROCKINGHAM, VA 22802-1463
Ownership since
2012
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
Dec 27, 2012
$184,042
Arbogast Farms LLC
Alan E Strawderman
Bargain And Sale Deed
$184,042 · Farmers & Merchants Bank
Dec 13, 2012
$183,000
Alan E Strawderman
Entrusted LLC
Bargain And Sale Deed
—
Dec 17, 2010
—
Entrusted LLC
Harry W Zigler
Bargain And Sale Deed
$140,000 · Anabaptist Financial
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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