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Property profile & analytics
FOR SALE
Retail space
168 Faulconerville Dr Amherst, VA 24521
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3108737
For Sale
1 / 54
$449,000
168 Faulconerville Dr, Amherst, VA 24521
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1929
Construction
MIXED
Total area
3,541 SF
Lot
1.03 ac (44,997 SF)
Zoning code
B2
APN
124 A 13
UPID
US87-3108737
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
Florentine Holdings Company Vi LLC · 3 yrs held
Florentine Holdings Company Vi LLC
since 2022
Last sale
$353,600
3 recorded transactions
Zoning & alternative use
B2 · Amherst, 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 Amherst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amherst 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
$1,937
Tax year 2024
Assessed value
$317,500
Assessed 2024
Previous assessed
$317,500
+0.0% YoY
Effective rate
0.61%
On assessed value
Assessed land
$135,000
Assessed improvement
$182,500
Land market value
$135,000
Improvement market value
$182,500
Total market value
$317,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1929
Construction
MIXED
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
4
Total area
3,541 SF
Lot
1.03 ac (44,997 SF)
Zoning code
B2
APN
124 A 13
UPID
US87-3108737
Jurisdiction
AMHERST
Zoning & alternative use
B2 · Amherst, VA
Zoning B2 · permitted uses
B2 · Amherst, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amherst. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Construction
MIXED
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
4
Lot
1.03 ac
Current owner
From public records · entity-resolved
Florentine Holdings Company Vi LLC
Entity
Mailing address
710 SHR RD, SPRING LAKE, NJ 07762-1855
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Mar 17, 2026
—
Florentine Holding Company Vi LLC
—
Deed
related
$1,000,000 · The First Bank & Trust Co
Oct 26, 2022
$353,600
Florentine Holdings Company Vi LLC
New Creation Builders Co
Warranty Deed
$265,200 · The First Bank And Trust Company
May 8, 2008
$170,000
New Creation Builders Co
William E Scharrer
Deed
$210,000 · Branch Banking And Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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