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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2200 Old Salem School Rd Union Hall, VA 24176-3915
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US87-1785241
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1993
Total area
2,268 SF
Lot
2.34 ac (102,018 SF)
Zoning code
B2
APN
052 01-093 00
UPID
US87-1785241
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
-
Magnum Point Marina & Restaurant Restaurant
-
Clint's Striper Guide Service Tour Operator Travel Agency
-
Patriot Fishing Charters Tour Operator Travel Agency
-
Freedom Fishing Charters Tour Operator Travel Agency
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
South Lk Motor Sports LLC · 7 yrs held
South Lk Motor Sports LLC
since 2018
3 recorded transactions
Zoning & alternative use
B2 · Union Hall, 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 Union Hall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Union Hall 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
$1,141,600
Assessed 2023
Previous assessed
$1,141,600
+0.0% YoY
Assessed land
$468,400
Assessed improvement
$673,200
Land market value
$468,400
Improvement market value
$673,200
Total market value
$1,141,600
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1993
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
3
Bathrooms
2
Total area
2,268 SF
Lot
2.34 ac (102,018 SF)
Zoning code
B2
APN
052 01-093 00
UPID
US87-1785241
Jurisdiction
FRANKLIN
Zoning & alternative use
B2 · Union Hall, VA
Zoning B2 · permitted uses
B2 · Union Hall, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Union Hall. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
2
Lot
2.34 ac
Current owner
From public records · entity-resolved
South Lk Motor Sports LLC
Entity
Mailing address
2000 OLD SALEM SCHOOL RD, UNION HALL, VA 24176-4087
Ownership since
2018
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 4, 2018
$1,050,000
South Lk Motor Sports LLC
Magnum Props LLC
Warranty Deed
$1,700,000 · Valleystar Cu
Oct 1, 2004
—
Magnum Point Props LLC
Ferguson,fern P
Grant Deed
related
—
—
—
Magnum Pt Props LLC
—
Deed Of Trust
related
$685,000 · American Nat'l Bk
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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