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Property profile & analytics
OFF-MARKET
Investment properties
206 Main St Appalachia, VA 24216-1718
Entity Owned
Free & Clear
Property ID
US87-2046861
Property summary
AI-generated overview
This commercial building, located in Appalachia, features a total living area of 2358 square feet and is situated on a 0.01-acre lot. It is zoned C/R. The upstairs area was previously configured as apartments, offering the potential for restoration into rental units or Airbnb accommodations. The downstairs area is suitable for various business ventures, such as a coffee shop or antique store. The property includes parking and requires renovation. The building is located in Appalachia, Virginia, in Wise County.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE BUILDING
Construction
BRICK
Total area
2,328 SF
APN
R018363
UPID
US87-2046861
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Appalachian Rising Ventures LLC
Appalachian Rising Ventures LLC
since 2025
Last sale
$7,700
2 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 Appalachia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Appalachia 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
$13,000
Assessed 2023
Previous assessed
$13,000
+0.0% YoY
Assessed land
$5,000
Assessed improvement
$8,000
Land market value
$5,000
Improvement market value
$8,000
Total market value
$13,000
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
Investment properties
Use group
OFFICE BUILDING
Status
Off-Market
Construction
BRICK
Heating
CENTRAL
Cooling
NONE
Stories
2
Units
1
Rooms
6
Total area
2,328 SF
APN
R018363
UPID
US87-2046861
Jurisdiction
WISE
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
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Rooms
6
Current owner
From public records · entity-resolved
Appalachian Rising Ventures LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3331 DUFF PATT HWY, DUFFIELD, VA 24244-2786
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
—
Appalachian Rising Ventures LLC
Arrington Real Estate LLC
Deed
—
Nov 29, 2023
$7,700
Arrington Real Estate LLC
Joseph M Brooks
Deed
—
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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