Technical
Financial
Distress signals
Property profile

1940 Fairview N Chatham, VA 24531

OFF-MARKET
Retail space
Property ID
US87-3085977
1,440 SF 2.1 ac lot Built 1985
Individually Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Construction WOOD
Total area 1,440 SF
Lot 2.1 ac (91,476 SF)
Zoning code B-2
APN 2426-73-3017
UPID US87-3085977

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1940 Fairview N Chatham, VA 24531
Chatham metro Census 10500 DANVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2017
3 recorded transactions
2017
$85,000
2017
$107,767
2016
$115,000

Zoning & alternative use

B-2 · Chatham, VA
Zoning description

The primary purpose of this district is to permit certain industries, which do not in any way detract from residential desirability, to locate in an area adjacent to residential uses

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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