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Property profile & analytics
OFF-MARKET
Estimated value
$1,205,000
Manufacturing properties
2166 Walkers Wl Rd Chatham, VA 24531-3327
Individually Owned
5-yr Hold
Free & Clear
Property ID
US87-2787075
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2013
Construction
WOOD
Total area
8,160 SF
Lot
5.08 ac (221,285 SF)
Zoning code
M-1
APN
2407-54-7825
UPID
US87-2787075
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
-
Cherrystone Builders Construction Company General Contractor
-
Cherrystone Structures (Builder) Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$821k
Blend (final)
Blend
$1.21M
Owner & transaction history
Emanuel R Weaver · 5 yrs held
Emanuel R Weaver
since 2020
Last sale
$1.2M
3 recorded transactions
Zoning & alternative use
M-1 · Chatham, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+96.9%
Office building
$840,000
+48.6%
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 Chatham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chatham 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
$1,210,000
ML approach
$1,385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,115,000
Change: +97% · Conversion: Moderate
OFFICE BUILDING
$840,000
Change: +49% · Conversion: Difficult
Blend value · Realmo final
$1.21M
Range $1.08M – $1.33M · ±10% · vs last sale $1.20M (Oct 15 2020)
Last sale anchor
$1.20M
Oct 15 2020
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
$148 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,356
Tax year 2024
Assessed value
$420,700
Assessed 2023
Previous assessed
$420,700
+0.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$37,200
Assessed improvement
$383,500
Land market value
$37,200
Improvement market value
$383,500
Total market value
$420,700
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2013
Construction
WOOD
Rooms
2
Total area
8,160 SF
Lot
5.08 ac (221,285 SF)
Zoning code
M-1
APN
2407-54-7825
UPID
US87-2787075
Jurisdiction
PITTSYLVANIA
Zoning & alternative use
M-1 · Chatham, VA
Zoning M-1 · permitted uses
M-1 · Chatham, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chatham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$840,000
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Construction
WOOD
Rooms
2
Lot
5.08 ac
Current owner
From public records · entity-resolved
Emanuel R Weaver
Individual
Free & Clear · 5 yrs held
Mailing address
2134 CHERRYSTONE LK RD, CHATHAM, VA 24531-5561
Ownership since
2020
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
Oct 15, 2020
$1,204,046
Emanuel R Weaver
Robert D Troyer
Warranty Deed
—
Oct 15, 2020
$355,236
Robert D Troyer
Paul S Peachey
Warranty Deed
—
Aug 28, 2017
$352,000
Paul S Peachey
Jason Miller
Warranty 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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