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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Commercial real estate
193 Mtn Empire Rd Atkins, VA 24311-3231
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-2023247
Property summary
AI-generated overview
This exceptional 50,536-square-foot industrial warehouse, located at 193 Mountain Empire Rd, Atkins, VA 24311, presents a significant leasing opportunity. Situated on a 7.89-acre lot in Smyth County, this single-tenant property boasts a recently renovated interior. The building, constructed in 1992, offers a versatile layout ideal for warehouse or distribution operations. Ceiling heights range from 18 to 23 feet, providing ample vertical space for storage and operations. The property features six dock-high doors and one drive-in door, ensuring efficient loading and unloading. Power is robust, with 1,200 amps of 480/277 V, 3-phase power available. The entire 50,536 square feet is currently vacant and ready for immediate occupancy. This property is an excellent choice for businesses seeking a well-maintained, spacious, and strategically located industrial facility in Atkins, Virginia. The property's size, features, and location make it an attractive option for a variety of industrial uses. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1992
Total area
50,800 SF
Lot
7.89 ac (343,688 SF)
APN
48A2-2-10
UPID
US87-2023247
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
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.46M
Owner & transaction history
Carla Blocher · 1 yrs held
Carla Blocher
since 2025
Last sale
$1.1M
3 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 Atkins submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atkins 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
$1,405,000
ML approach
$1,995,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±10% · vs last sale $1.08M (Jan 30 2025)
Last sale anchor
$1.08M
Jan 30 2025
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
$29 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,282
Tax year 2024
Assessed value
$1,234,300
Assessed 2024
Previous assessed
$1,057,000
+16.8% YoY
Effective rate
0.59%
On assessed value
Assessed land
$118,400
Assessed improvement
$1,115,900
Land market value
$118,400
Improvement market value
$1,115,900
Total market value
$1,234,300
Applied tax rate
5.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1992
Heating
FORCED AIR
Stories
1
Total area
50,800 SF
Lot
7.89 ac (343,688 SF)
APN
48A2-2-10
UPID
US87-2023247
Jurisdiction
SMYTH
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
1992
Heating
FORCED AIR
Stories
1
Lot
7.89 ac
Current owner
From public records · entity-resolved
Carla Blocher
Individual
Free & Clear · 1 yrs held
Mailing address
12340 SEAL BCH BLVDB405, SEAL BEACH, CA 90740-2792
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2025
—
Carla Blocher
Mt Empire Holdings LP
Deed
related
—
Jan 30, 2025
$1,081,000
Cb Park Holdings LLC
Mountainview Property LLC
Special Warranty Deed
—
Feb 13, 2017
—
Mt Empire Holdings LP A Virginia Li
The Carla Ann Petillo Trust
Gift Deed
related
—
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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