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Property profile & analytics
OFF-MARKET
Retail space
297 Brg St Danville, VA 24541-1201
Entity Owned
Free & Clear
Property ID
US87-1364759
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
8,937 SF
Lot
0.3 ac (13,068 SF)
Zoning code
TOBACCO WAREHOUSE COMM
APN
26477
UPID
US87-1364759
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
Industrial Dev Authority Of Danvill
Industrial Dev Authority Of Danvill
since 2025
Last sale
$395,233
4 recorded transactions
Zoning & alternative use
TOBACCO WAREHOUSE COMM · Danville, 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 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
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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,609
Tax year 2021
Assessed value
$212,000
Assessed 2023
Previous assessed
$212,000
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$13,200
Assessed improvement
$198,800
Land market value
$13,200
Improvement market value
$198,800
Total market value
$212,000
Applied tax rate
5,101,110.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Heating
NONE
Total area
8,937 SF
Lot
0.3 ac (13,068 SF)
Zoning code
TOBACCO WAREHOUSE COMM
APN
26477
UPID
US87-1364759
Jurisdiction
DANVILLE CITY
Zoning & alternative use
TOBACCO WAREHOUSE COMM · Danville, VA
Zoning TOBACCO WAREHOUSE COMM · permitted uses
TOBACCO WAREHOUSE COMM · 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.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
0.3 ac
Current owner
From public records · entity-resolved
Industrial Dev Authority Of Danvill
Entity
Free & Clear · 0 yrs held
Mailing address
428 MAPLE LN, DANVILLE, VA 24541-3532
Ownership since
2025
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
Dec 19, 2025
$395,233
Industrial Dev Authority Of Danvill
Reimagine Ventures LLC
Bargain & Sale Deed
—
Sep 28, 2023
$398,000
Reimagine Ventures LLC
Cobbled Holdings LLC
Special Warranty Deed
$250,000 · Carter Bank & Trust
Jan 6, 2022
$225,000
Cobbled Holdings LLC
River District Development LLC
Special Warranty Deed
—
Jul 31, 2019
—
River District Development LLC
City Of Danville Virginia
Special Warranty 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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