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Property profile & analytics
OFF-MARKET
Commercial real estate
203 Town Sq St Glade Spring, VA 24340
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US87-1413715
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Total area
3,543 SF
Lot
0.16 ac (6,970 SF)
Zoning code
GLADE SPRING
APN
052A217 3
UPID
US87-1413715
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
-
Rose & Lily’s Baby Bowtique Clothing & Fashion Store
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
Lauren Ashely Mcgee · 4 yrs held
Lauren Ashely Mcgee
since 2021
Last sale
$280,000
2 recorded transactions
Zoning & alternative use
GLADE SPRING · Glade Spring, 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 Glade Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glade Spring 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
Property tax & assessments
Assessed value
$152,200
Assessed 2024
Previous assessed
$152,200
+0.0% YoY
Assessed land
$30,000
Assessed improvement
$122,200
Land market value
$30,000
Improvement market value
$122,200
Total market value
$152,200
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
1900
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
1
Rooms
8
Bathrooms
2
Total area
3,543 SF
Lot
0.16 ac (6,970 SF)
Zoning code
GLADE SPRING
APN
052A217 3
UPID
US87-1413715
Jurisdiction
WASHINGTON
Zoning & alternative use
GLADE SPRING · Glade Spring, VA
Zoning GLADE SPRING · permitted uses
GLADE SPRING · Glade Spring, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glade Spring. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Rooms
8
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Lauren Ashely Mcgee
Individual
Mailing address
9228 CRES RD, GLADE SPRING, VA 24340-5616
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
—
Lauren Ashley Mcgee
—
Deed
related
$50,000 · The Bank Of Marion
Dec 10, 2021
$280,000
Lauren Ashely Mcgee
John A Hargroves
Warranty Deed
$224,000 · The Bank Of Marion Regional Mortgag
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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