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Property profile & analytics
OFF-MARKET
Commercial real estate
2481 Gravel Spgs Rd Star Tannery, VA 22654-2212
Individually Owned
2-yr Hold
Free & Clear
Property ID
US87-0909567
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1951
Construction
FRAME
Total area
1,686 SF
Lot
3.33 ac (145,055 SF)
Zoning code
AGRICULTURAL
APN
81A-33
UPID
US87-0909567
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
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
Wade S Barb · 2 yrs held
Wade S Barb
since 2024
Last sale
$155,000
4 recorded transactions
Zoning & alternative use
AGRICULTURAL · Star Tannery, 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 Star Tannery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Star Tannery 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
$333
Tax year 2024
Assessed value
$130,600
Assessed 2024
Previous assessed
$130,600
+0.0% YoY
Effective rate
0.25%
On assessed value
Assessed land
$73,800
Assessed improvement
$56,800
Land market value
$73,800
Improvement market value
$56,800
Total market value
$130,600
Applied tax rate
1.0000
Comparables
4 recent transactions · within 1.5 miComparable in this city
4 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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1951
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,686 SF
Lot
3.33 ac (145,055 SF)
Zoning code
AGRICULTURAL
APN
81A-33
UPID
US87-0909567
Jurisdiction
FREDERICK
Zoning & alternative use
AGRICULTURAL · Star Tannery, VAZoning AGRICULTURAL · permitted uses
AGRICULTURAL · Star Tannery, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1951
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
3.33 ac
Current owner
From public records · entity-resolved
Wade S Barb
Individual
Free & Clear · 2 yrs held
Mailing address
2473 GRAVEL SPGS RD, STAR TANNERY, VA 22654-2212
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2024
—
Wade S Barb
Wade S Barb
Intrafamily Transfer
related
—
Jun 23, 2023
$155,000
Barb Wade
Marshall W Madigan
Warranty Deed
$123,300 · Bank Of Clarke
Jun 23, 2023
—
Marshall W Madigan
Kathy Jayne Madigan
Intrafamily Transfer
related
$123,300 · Bank Of Clarke
Oct 2, 2015
—
Kathy J M Bahrt
Madigan,marshall W
Grant 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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