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Property profile & analytics
OFF-MARKET
Estimated value
$310,000
Industrial properties
215 5th St Waynesboro, VA 22980-4017
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US87-3211275
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1962
Total area
10,548 SF
Lot
1.15 ac (50,181 SF)
Zoning code
MX-B
APN
36 2 - 2
UPID
US87-3211275
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
-
E-N Computers, Inc. Tech Support Center IT Consulting Firm
-
MILG Transport Freight Service Logistics Company
-
JTCI Brokerage Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$310k
Owner & transaction history
Basic Witz Heritage LLC · 13 yrs held
Basic Witz Heritage LLC
since 2013
3 recorded transactions
Zoning & alternative use
MX-B · Waynesboro, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established to provide greater flexibility in areas of the City with housing in close proximity to legacy industrial and commercial structures, and a historic urban subdivision pattern with gridded infrastructure, small lots, and abundant on-street shared parking. It allows for a range of residential and commercial uses, as well as industria…
Zone name
Mixed Business
General category
INDUSTRIAL
Zone area
52.70 ac
Source
Realmo
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
Method
Estimation
Statistic approach
by Request
ML approach
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$310k
Range $279k – $341k · ±10%
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
$29 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,857
Tax year 2023
Assessed value
$371,100
Assessed 2023
Previous assessed
$348,500
+6.5% YoY
Effective rate
0.77%
On assessed value
Assessed land
$103,900
Assessed improvement
$267,200
Land market value
$103,900
Improvement market value
$267,200
Total market value
$371,100
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
1962
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
4
Total area
10,548 SF
Lot
1.15 ac (50,181 SF)
Zoning code
MX-B
APN
36 2 - 2
UPID
US87-3211275
Jurisdiction
WAYNESBORO CITY
Zoning & alternative use
MX-B · Waynesboro, VAZoning MX-B · permitted uses
MX-B · Waynesboro, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established to provide greater flexibility in areas of the City with housing in close proximity to legacy industrial and commercial structures, and a historic urban subdivision pattern with gridded infrastructure, small lots, and abundant on-street shared parking. It allows for a range of residential and commercial uses, as well as industrial uses with additional use standards
Zone name
Mixed Business
General category
INDUSTRIAL
Zone area
52.70 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1962
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Lot
1.15 ac
Current owner
From public records · entity-resolved
Basic Witz Heritage LLC
Entity
Mailing address
215 5TH ST, WAYNESBORO, VA 22980-4017
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2021
—
Basic-witz Heritage LLC
—
Deed
related
$250,000 · Valleystar Credit Union
Sep 30, 2016
—
Basic-witz Heritage LLC
—
Deed
related
$240,000 · University Of Virginia Community Credit
Jul 29, 2013
$240,000
Basic Witz Heritage LLC
World Test Systems INC
Warranty Deed
$240,000 · Private
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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