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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Commercial real estate
302 Main St Waynesboro, VA 22980-5042
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-3044729
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1953
Total area
23,597 SF
Lot
0.38 ac (16,335 SF)
Zoning code
L-B
APN
46 1 62- 23
UPID
US87-3044729
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
-
Boys & Girls Club of Waynesboro, Staunton & Augusta County - Waynesboro Daycare Center Foster Care Service
-
Boys & Girls Club of America Child Welfare Organization Charitable Organization
-
Mike's Auto Reconditioning Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.14M
Owner & transaction history
Boys And Girls Club Of Waynesboro S · 2 yrs held
Boys And Girls Club Of Waynesboro S
since 2023
3 recorded transactions
Zoning & alternative use
L-B · Waynesboro, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established to provide for small-scale commercial uses offering primarily convenience shopping and services for adjacent and nearby residential uses. Proximity to residences requires that commercial operations be low intensity, unobtrusive and conducted at a scale and density compatible with the surrounding neighborhood
Zone name
Local Business
General category
COMMERCIAL
Zone area
109.78 ac
Source
Realmo
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 Waynesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waynesboro 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
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±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
$48 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$37
Tax year 2023
Assessed value
$4,800
Assessed 2023
Previous assessed
$3,700
+29.7% YoY
Effective rate
0.77%
On assessed value
Assessed land
$1,000
Assessed improvement
$3,800
Land market value
$1,000
Improvement market value
$3,800
Total market value
$4,800
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1953
Heating
FORCED AIR
Cooling
NONE
Stories
2
Rooms
12
Total area
23,597 SF
Lot
0.38 ac (16,335 SF)
Zoning code
L-B
APN
46 1 62- 23
UPID
US87-3044729
Jurisdiction
WAYNESBORO CITY
Zoning & alternative use
L-B · Waynesboro, VAZoning L-B · permitted uses
L-B · Waynesboro, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established to provide for small-scale commercial uses offering primarily convenience shopping and services for adjacent and nearby residential uses. Proximity to residences requires that commercial operations be low intensity, unobtrusive and conducted at a scale and density compatible with the surrounding neighborhood
Zone name
Local Business
General category
COMMERCIAL
Zone area
109.78 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1953
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
12
Lot
0.38 ac
Current owner
From public records · entity-resolved
Boys And Girls Club Of Waynesboro S
Individual
Mailing address
302 E MAIN ST, WAYNESBORO, VA 22980-5042
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Sep 1, 2023
—
Boys And Girls Club Of Waynesboro S
—
Deed
related
$100,000 · Dupont Community Credit Union
Aug 31, 2023
—
Boys And Girls Club Of Waynesboro S
—
Deed
related
$113,750 · Dupont Community Credit Union
Aug 1, 2017
—
Boys & Girls Club Of Waynesboro Sta
—
Deed
related
$150,500 · Dupont Community Credit Union
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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