Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,385,000
Turn key restaurants
1880 Prt Republic Rd Rockingham, VA 22801-3534
Entity Owned
3-yr Hold
Free & Clear
Property ID
US87-2447586
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2014
Lot
1.44 ac (62,639 SF)
Zoning code
GENERAL BUSINESS DIST
APN
125-(20)- L7
UPID
US87-2447586
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
-
Bojangles Restaurant
-
WILGO BO, LLC Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.39M
Owner & transaction history
The Whitter Tr Company Of Nevada In · 3 yrs held
The Whitter Tr Company Of Nevada In
since 2022
Last sale
$1.5M
1 recorded transaction
Zoning & alternative use
GENERAL BUSINESS DIST · Rockingham, 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 Rockingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockingham 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
$1,260,000
ML approach
$1,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±10% · vs last sale $1.50M (Dec 12 2022)
Last sale anchor
$1.50M
Dec 12 2022
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
—
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
$10,197
Tax year 2024
Assessed value
$1,499,600
Assessed 2024
Previous assessed
$1,499,600
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$751,600
Assessed improvement
$748,000
Land market value
$751,600
Improvement market value
$748,000
Total market value
$1,499,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2014
Heating
HEAT PUMP
Cooling
YES
Stories
1
Lot
1.44 ac (62,639 SF)
Zoning code
GENERAL BUSINESS DIST
APN
125-(20)- L7
UPID
US87-2447586
Jurisdiction
ROCKINGHAM
Zoning & alternative use
GENERAL BUSINESS DIST · Rockingham, VA
Zoning GENERAL BUSINESS DIST · permitted uses
GENERAL BUSINESS DIST · Rockingham, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
The Whitter Tr Company Of Nevada In
Entity
Free & Clear · 3 yrs held
Mailing address
100 W LIBERTY ST STE #890, RENO, NV 89501-1954
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
$2,429,000
The Whitter Tr Company Of Nevada In
Spbo 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1880 Prt Republic Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
