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Property profile & analytics
OFF-MARKET
Storefront properties
1809 State St 11 Bristol, VA 24201-3640
Entity Owned
~
Est. High Equity
Property ID
US87-2825601
Property summary
AI-generated overview
Located on W State Street, this commercial building is zoned B3 and offers 3600 square feet of space. The storefront building can function as one business or be divided into two separate businesses, each with 1800 square feet and two bathrooms. The property allows for the possibility of operating a business while leasing the other side. Parking is available both on the street and in the back.
Property profile
Verified
Property type
Storefront properties
Use group
COMMERCIAL (GENERAL)
Year built
1969
Total area
3,669 SF
Lot
0.19 ac (8,233 SF)
APN
34 3 22 23
UPID
US87-2825601
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
-
Natural Needs and Remedies THC CBD and Kratom Dispensary (Bike/Boat/Book/etc) Store
-
Natural Needs & Remedies (Bike/Boat/Book/etc) Store Cosmetic Store
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
Shiva Property Of Bristol LLC
Shiva Property Of Bristol LLC
since 2025
Last sale
$375,000
2 recorded transactions
Zoning & alternative use
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 Bristol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristol 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
$1,400
Tax year 2024
Assessed value
$125,000
Assessed 2024
Previous assessed
$125,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$41,300
Assessed improvement
$83,700
Land market value
$41,300
Improvement market value
$83,700
Total market value
$125,000
Applied tax rate
1.0000
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
Storefront properties
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1969
Heating
FLOOR/WALL FURNACE
Stories
1
Total area
3,669 SF
Lot
0.19 ac (8,233 SF)
APN
34 3 22 23
UPID
US87-2825601
Jurisdiction
BRISTOL CITY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1969
Heating
FLOOR/WALL FURNACE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Shiva Property Of Bristol LLC
Entity
Mailing address
1809 W STATE ST, BRISTOL, VA 24201-3640
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
$375,000
Shiva Property Of Bristol LLC
Samuel Scott Sorah
Deed
$210,000 · Samuel Sarah
Jan 11, 2019
$125,000
Samuel S Sorah
Humble,ronald D & Janice D
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.
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