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Property profile & analytics
OFF-MARKET
Industrial properties
200 12th St, Waynesboro, VA 22980-4771
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US87-3238216
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1948
Total area
2,460 SF
Lot
31.78 ac (1,384,337 SF)
Zoning code
PUD
APN
55 2 - A
UPID
US87-3238216
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
-
Shenandoah Powerhouse Gym & Fitness Center Gym & Fitness Center
-
Lightwell Survey Wines Brewery & Distillery Specialty Food Shop
-
Ula Tortilla Food Processing Plant Factory
-
Romeo Glass Factory Industrial Manufacturer
-
Make Waynesboro Clay Studio Theater & Performing Art Venue
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
South River Partners LLC · 13 yrs held
South River Partners LLC
since 2012
1 recorded transaction
Zoning & alternative use
PUD · Waynesboro, 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 Waynesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waynesboro 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 2023Property tax & assessments
Tax year 2023
Tax billed
$31,876
Tax year 2023
Assessed value
$4,139,700
Assessed 2023
Previous assessed
$3,506,000
+18.1% YoY
Effective rate
0.77%
On assessed value
Assessed land
$647,200
Assessed improvement
$3,492,500
Land market value
$647,200
Improvement market value
$3,492,500
Total market value
$4,139,700
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1948
Heating
FORCED AIR
Stories
1
Total area
2,460 SF
Lot
31.78 ac (1,384,337 SF)
Zoning code
PUD
APN
55 2 - A
UPID
US87-3238216
Jurisdiction
WAYNESBORO CITY
Zoning & alternative use
PUD · Waynesboro, VA
Zoning PUD · permitted uses
PUD · Waynesboro, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waynesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Heating
FORCED AIR
Stories
1
Lot
31.78 ac
Current owner
From public records · entity-resolved
South River Partners LLC
Entity
Mailing address
PO BOX 610, WAYNESBORO, VA 22980-0450
Ownership since
2012
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 20, 2012
$1,750,000
South River Partners LLC
South River INC
Warranty Deed
$1,487,500 · South River 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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