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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office Spaces
2 Lgt St, Lovettsville, VA 20180-8613
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-3433713
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1945
Construction
FRAME
Total area
1,904 SF
Lot
0.28 ac (12,197 SF)
Zoning code
LV:C1
APN
333-15-3731-000
UPID
US87-3433713
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
-
Lovettsville Dental Arts: Brandon Meyer, DDS Dental Office
-
Lovettsville Dental Arts: Johnston Carroll DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
$365k
Comparable Approach
Comparable
$595k
Blend (final)
Blend
$575k
Owner & transaction history
Lda Properties LLC · 3 yrs held
Lda Properties LLC
since 2022
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
LV:C1 · Lovettsville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$755,000
+34.5%
Warehouse, storage
$640,000
+14.3%
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 Lovettsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lovettsville 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
$545,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
$395,000
6.5%
$365,000
7%
$340,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$560,000
Current use
RETAIL STORES
$755,000
Change: +34% · Conversion: Easy
WAREHOUSE, STORAGE
$640,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $600k (Sep 29 2022)
Last sale anchor
$600k
Sep 29 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
$302 / 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
$3,775
Tax year 2024
Assessed value
$436,400
Assessed 2024
Previous assessed
$425,890
+2.5% YoY
Effective rate
0.87%
On assessed value
Assessed land
$198,000
Assessed improvement
$238,400
Land market value
$198,000
Improvement market value
$238,400
Total market value
$436,400
Applied tax rate
12.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1945
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,904 SF
Lot
0.28 ac (12,197 SF)
Zoning code
LV:C1
APN
333-15-3731-000
UPID
US87-3433713
Jurisdiction
LOUDOUN
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
LV:C1 · Lovettsville, VA
Zoning LV:C1 · permitted uses
LV:C1 · Lovettsville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lovettsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$560,000
RETAIL STORES
Est. value
$755,000
WAREHOUSE, STORAGE
Est. value
$640,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1945
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Lda Properties LLC
Entity
Mailing address
2 N LGT ST, LOVETTSVILLE, VA 20180-8613
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2022
$600,000
Lda Properties LLC
Exchange Accommodation LLC
Warranty Deed
$510,000 · First Citizens Bank & Trust Company
Dec 22, 2006
$435,000
Exchange Accomodation LLC
Buck,kathryn M
Grant Deed
—
May 27, 2005
$170,000
Kathryn M Buck
Schwab,charles M & Mary E
Grant Deed
$160,000 · Charles M & Mary E Schwab
—
—
Carroll A Johnston
—
Deed Of Trust
related
$369,750 · Loudoun National Bank
—
—
Light Street Properties LLC
—
Deed Of Trust
related
$281,378 · Cardinal Bank
—
—
Light Street Properties LLC
—
Deed Of Trust
related
$620,000 · Cardinal Bank
—
—
Light Street Properties LLC
—
Deed Of Trust
related
$96,722 · Cardinal Bank
—
—
Light Street Properties LLC
—
Deed Of Trust
related
$292,000 · Business Finance Group INC
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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