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Property profile & analytics
OFF-MARKET
Estimated value
$4,065,000
Commercial real estate
2725 Franklin Tpke Danville, VA 24540-5378
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-3189356
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
40,000 SF
Lot
4.39 ac (191,228 SF)
Zoning code
B-2
APN
2410-50-3336
UPID
US87-3189356
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
-
The Lounge Space Business Service Center
-
Little Lady Boutique Clothing & Fashion Store
-
Mentor Clinical Care Social Service Agency Charitable Organization
-
Alliance Human Services Social Service Agency Charitable Organization
-
American National Bank and Trust Company: ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.58M
Blend (final)
Blend
$4.07M
Owner & transaction history
State Storage Va LLC · 5 yrs held
State Storage Va LLC
since 2021
3 recorded transactions
Zoning & alternative use
B-2 · Danville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.2M
+53.8%
Medical building
$5.2M
+51.6%
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 Danville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,400,000
Current use
RESTAURANT
$5,225,000
Change: +54% · Conversion: Difficult
MEDICAL BUILDING
$5,155,000
Change: +52% · Conversion: Easy
RETAIL STORES
$3,250,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$4.07M
Range $3.66M – $4.47M · ±10%
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
$102 / 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
$18,540
Tax year 2024
Assessed value
$3,310,700
Assessed 2023
Previous assessed
$3,030,700
+9.2% YoY
Effective rate
0.56%
On assessed value
Assessed land
$478,100
Assessed improvement
$2,832,600
Land market value
$478,100
Improvement market value
$2,832,600
Total market value
$3,310,700
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
CENTRAL
Cooling
CENTRAL
Total area
40,000 SF
Lot
4.39 ac (191,228 SF)
Zoning code
B-2
APN
2410-50-3336
UPID
US87-3189356
Jurisdiction
PITTSYLVANIA
Zoning & alternative use
B-2 · Danville, VA
Zoning B-2 · permitted uses
B-2 · Danville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.4M
RESTAURANT
Est. value
$5.2M
MEDICAL BUILDING
Est. value
$5.2M
RETAIL STORES
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
Heating
CENTRAL
Cooling
Yes
Lot
4.39 ac
Current owner
From public records · entity-resolved
State Storage Va LLC
Entity
Free & Clear · 5 yrs held
Mailing address
228 PARK AVE S STE #85473, NEW YORK, NY 10003-1502
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
May 11, 2021
—
State Storage Va LLC
Mount Hermon Courtyard LLC
Correction Deed
related
—
Apr 23, 2021
$3,000,000
State Storage Group LLC
Mount Hermon Courty LLC
Special Warranty Deed
$4,996,875 · Truliant Federal Credit Union
May 16, 2016
—
Mount Hermon Courtyard LLC A Virgin
Alex B Perkins
Deed
$1,725,000 · River Community Bank NA
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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