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Property profile & analytics
OFF-MARKET
Retail space
176 Midland Trl Lexington, VA 24450-4000
Entity Owned
~
Est. High Equity
Property ID
US87-2542179
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Total area
2,555 SF
Lot
1.4 ac (60,853 SF)
Zoning code
B-1
APN
61 A 43B
UPID
US87-2542179
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
Pecule LLC
Pecule LLC
since 2025
5 recorded transactions
Zoning & alternative use
B-1 · Lexington, 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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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
Property tax & assessments
Assessed value
$238,700
Assessed 2023
Previous assessed
$239,600
-0.4% YoY
Assessed land
$100,000
Assessed improvement
$138,700
Land market value
$100,000
Improvement market value
$138,700
Total market value
$238,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Heating
HEAT PUMP
Cooling
YES
Stories
1
Units
2
Total area
2,555 SF
Lot
1.4 ac (60,853 SF)
Zoning code
B-1
APN
61 A 43B
UPID
US87-2542179
Jurisdiction
ROCKBRIDGE
Zoning & alternative use
B-1 · Lexington, VA
Zoning B-1 · permitted uses
B-1 · Lexington, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
2
Lot
1.4 ac
Current owner
From public records · entity-resolved
Pecule LLC
Entity
Mailing address
69 FARMHOUSE RD, ROCKBRIDGE BATHS, VA 24473-2417
Ownership since
2025
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
Aug 29, 2025
$350,000
Pecule LLC
Allen L Minnick
Deed
$160,000 · Bank Of Botetourt
Sep 6, 2018
$262,000
David Montgomery Eldred
Edward C Camden
Deed
—
Jan 9, 2014
$238,000
Allen L Minnick
Michael B Camden
Deed
$185,000 · Bank Of Botetourt
Jan 9, 2014
—
Michael B Camden
Edward C Camden
Correction Deed
related
—
Oct 28, 2005
—
Edward C Camden
David W Jarrett
Deed
$200,000 · Bank Of Botetourt
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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