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Property profile & analytics
OFF-MARKET
Investment properties
25173 New Market Rd Franklin, VA 23851
Entity Owned
Free & Clear
Property ID
US87-1729400
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1976
Total area
7,000 SF
Lot
2.19 ac (95,396 SF)
Zoning code
M-1
APN
77 72C
UPID
US87-1729400
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
SOUTHERN TENT HOLDINGS LLC
SOUTHERN TENT HOLDINGS LLC
Zoning & alternative use
M-1 · Franklin, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of manufacturing district M-1 is to provide for light industrial activities and related uses including those public and semi-public uses and accessory uses as may be necessary or are normally compatible with light industrial activities, including the manufacture, storage or handling of products that are not dangerous or offensive because of odor,…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
241.65 ac
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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 2023Property tax & assessments
Tax year 2023
Tax billed
$2,001
Tax year 2023
Assessed value
$224,800
Assessed 2023
Previous assessed
$224,800
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$43,800
Assessed improvement
$181,000
Land market value
$43,800
Improvement market value
$181,000
Total market value
$224,800
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1976
Heating
YES
Cooling
NONE
Stories
1
Bathrooms
2
Total area
7,000 SF
Lot
2.19 ac (95,396 SF)
Zoning code
M-1
APN
77 72C
UPID
US87-1729400
Jurisdiction
SOUTHAMPTON
Zoning & alternative use
M-1 · Franklin, VAZoning M-1 · permitted uses
M-1 · Franklin, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of manufacturing district M-1 is to provide for light industrial activities and related uses including those public and semi-public uses and accessory uses as may be necessary or are normally compatible with light industrial activities, including the manufacture, storage or handling of products that are not dangerous or offensive because of odor, dust, fire, explosion or other reasons, and which employ processes or equipment that do not produce objectionable noise, vibration, glare, smoke, gas, wastes or the like. The district also provides for retail and service businesses.
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
241.65 ac
Building & site characteristics
From public records
Year built
1976
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.19 ac
Current owner
From public records · entity-resolved
SOUTHERN TENT HOLDINGS LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 6TH 6, COURTLAND, VA 23837-0006
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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