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Property profile & analytics
OFF-MARKET
Commercial land
323 Delphine Ave Waynesboro, VA 22980-5107
Individually Owned
1-yr Hold
Property ID
US87-2925225
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
2023
Lot
0.13 ac (5,663 SF)
Zoning code
L-B
APN
46 1 46- 19
UPID
US87-2925225
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
Skye Mckinley Cole · 1 yrs held
Skye Mckinley Cole
since 2024
Last sale
$257,000
2 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
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
$203
Tax year 2023
Assessed value
$26,300
Assessed 2023
Previous assessed
$26,300
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$26,300
Land market value
$26,300
Total market value
$26,300
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
2023
Heating
HEAT PUMP
Stories
1
Lot
0.13 ac (5,663 SF)
Zoning code
L-B
APN
46 1 46- 19
UPID
US87-2925225
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
2023
Heating
HEAT PUMP
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Skye Mckinley Cole
Individual
Mailing address
323 N DELPHINE AVE, WAYNESBORO, VA 22980-5107
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2024
$265,000
Skye Mckinley Cole
Debra E Mountcastle
Warranty Deed
$260,200 · C&f Mortgage Corporation
Oct 16, 2023
$257,000
Donna S Brown
Louis O Young
Warranty Deed
$97,000 · Alcova Mortgage LLC
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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