Technical
Financial
Distress signals
Property profile

2111 3rd St Richlands, VA 24641

OFF-MARKET
Auto shops
Property ID
US87-3249840
12,620 SF Built 1995
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1995
Total area 12,620 SF
APN 105A508 0062-0065
UPID US87-3249840

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Car Rental Facility
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Atm

Location

2111 3rd St Richlands, VA 24641-2259
Richlands metro Census 20900 BLUEFIELD, WV-VA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$910k
CAP Approach CAP
by Request
Comparable Approach Comparable
$604k
Blend (final) Blend
$1.09M

Owner & transaction history

since 2020
Last sale
$960,000
1 recorded transaction
2020
$960,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.6M +38.9%
Office building $1.4M +25.9%
Medical building $1.4M +21.0%

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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