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Property profile & analytics
OFF-MARKET
Estimated value
$6,220,000
Warehouses
175 Holt Garrison Pkwy Danville, VA 24540-5947
Entity Owned
6-yr Hold
Free & Clear
Property ID
US87-1619200
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Year built
2008
Construction
CONCRETE
Total area
106,836 SF
Lot
11.61 ac (505,732 SF)
Zoning code
OVERLAY PLANNED SHOPPING
APN
53425
UPID
US87-1619200
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
-
Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
-
Home Services at The Home Depot HVAC Service General Contractor
-
The Home Depot Building Supply Hardware & Home Improvement
-
Garden Center at The Home Depot Garden Center
-
Yale KeyExpress Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.22M
Owner & transaction history
Ss Realty LP · 6 yrs held
Ss Realty LP
since 2019
3 recorded transactions
Zoning & alternative use
OVERLAY PLANNED SHOPPING · Danville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.1M
+137.8%
Retail stores
$8.7M
+127.5%
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
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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,815,000
Current use
COMMERCIAL (GENERAL)
$9,075,000
Change: +138% · Conversion: Difficult
RETAIL STORES
$8,685,000
Change: +127% · Conversion: Moderate
Blend value · Realmo final
$6.22M
Range $5.60M – $6.84M · ±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
$58 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$54,671
Tax year 2021
Assessed value
$6,361,100
Assessed 2023
Previous assessed
$6,361,100
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$1,016,500
Assessed improvement
$5,344,600
Land market value
$1,016,500
Improvement market value
$5,344,600
Total market value
$6,361,100
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
Warehouses
Use group
STORAGE YARD, OPEN STORAGE
Status
Off-Market
Year built
2008
Construction
CONCRETE
Heating
YES
Cooling
YES
Stories
1
Total area
106,836 SF
Lot
11.61 ac (505,732 SF)
Zoning code
OVERLAY PLANNED SHOPPING
APN
53425
UPID
US87-1619200
Jurisdiction
DANVILLE CITY
Zoning & alternative use
OVERLAY PLANNED SHOPPING · Danville, VA
Zoning OVERLAY PLANNED SHOPPING · permitted uses
OVERLAY PLANNED SHOPPING · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$9.1M
RETAIL STORES
Est. value
$8.7M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
11.61 ac
Current owner
From public records · entity-resolved
Ss Realty LP
Entity
Free & Clear · 6 yrs held
Ownership since
2019
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
May 27, 2020
—
Ss Realty LP
—
Deed
related
$3,325,000 · Iberiabank
Nov 4, 2019
$4,650,000
Ss Realty LP
Lex Danville LP
Special Warranty Deed
—
Oct 15, 2013
$4,727,272
Lex Danville LP
Nap Coleman Marketplace LLC
Special Warranty Deed
—
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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