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Property profile & analytics
OFF-MARKET
Auto shops
2450 Elon Rd Madison Heights, VA 24572-6089
Individually Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-3149035
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1949
Total area
11,168 SF
Lot
4.06 ac (176,854 SF)
Zoning code
V1
APN
121 A 63
UPID
US87-3149035
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
-
breezes automotive Auto Repair Shop
-
Shady Oak Woodworkers General Contractor
-
Jet Diesel Performance Auto Repair Shop
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
Satya Narayan · 15 yrs held
Satya Narayan
since 2011
5 recorded transactions
Zoning & alternative use
V1 · Madison Heights, 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 Madison Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison Heights 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
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,463
Tax year 2024
Assessed value
$239,800
Assessed 2024
Previous assessed
$239,800
+0.0% YoY
Effective rate
0.61%
On assessed value
Assessed land
$75,300
Assessed improvement
$164,500
Land market value
$75,300
Improvement market value
$164,500
Total market value
$239,800
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1949
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
6
Total area
11,168 SF
Lot
4.06 ac (176,854 SF)
Zoning code
V1
APN
121 A 63
UPID
US87-3149035
Jurisdiction
AMHERST
Zoning & alternative use
V1 · Madison Heights, VA
Zoning V1 · permitted uses
V1 · Madison Heights, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Lot
4.06 ac
Current owner
From public records · entity-resolved
Satya Narayan
Individual
Free & Clear · 15 yrs held
Mailing address
575 IZAAK WALTON RD, AMHERST, VA 24521-3461
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2026
—
Satya Narayan
—
Deed
related
$250,000 · The Farmers Bank Of Appomattox
Apr 9, 2020
—
Satya Narayan
—
Deed
related
$125,000 · Business Development Centre INC
Oct 26, 2018
—
Satya Narayan
—
Deed
related
$200,000 · The Farmers Bank Of Appomattox
Jan 27, 2011
$141,750
Satya Narayan
American National Bank And Trust Co
Deed
—
Feb 9, 2009
$290,000
American National Bank And Trust Co
John R Alford JR
Foreclosure
related
—
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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