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Property profile & analytics
OFF-MARKET
Estimated value
$12,300,000
Manufacturing properties
350 Slayton Ave Danville, VA 24540-5417
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-2296332
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Total area
62,336 SF
Lot
16.61 ac (723,532 SF)
Zoning code
CYBER PARK ONE DISTRICT
APN
78471
UPID
US87-2296332
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
$12.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.30M
Owner & transaction history
Electronic Instrumentation And Tech · 2 yrs held
Electronic Instrumentation And Tech
since 2024
Last sale
$12.3M
1 recorded transaction
Zoning & alternative use
CYBER PARK ONE DISTRICT · Danville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.1M
+79.4%
Commercial (general)
$8.0M
+77.6%
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
$12,300,000
ML approach
$12,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,050,000
Change: +79% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,970,000
Change: +78% · Conversion: Difficult
Blend value · Realmo final
$12.30M
Range $11.07M – $13.53M · ±10% · vs last sale $12.30M (Feb 21 2024)
Last sale anchor
$12.30M
Feb 21 2024
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
$197 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$33,969
Tax year 2021
Assessed value
$4,227,800
Assessed 2023
Previous assessed
$4,227,800
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$166,600
Assessed improvement
$4,061,200
Land market value
$166,600
Improvement market value
$4,061,200
Total market value
$4,227,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Heating
NONE
Total area
62,336 SF
Lot
16.61 ac (723,532 SF)
Zoning code
CYBER PARK ONE DISTRICT
APN
78471
UPID
US87-2296332
Jurisdiction
DANVILLE CITY
Zoning & alternative use
CYBER PARK ONE DISTRICT · Danville, VA
Zoning CYBER PARK ONE DISTRICT · permitted uses
CYBER PARK ONE DISTRICT · 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
OFFICE BUILDING
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$8.0M
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
NONE
Lot
16.61 ac
Current owner
From public records · entity-resolved
Electronic Instrumentation And Tech
Individual
Mailing address
309 KELLYS FRD PLZ SE, LEESBURG, VA 20175-5442
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2024
$12,300,000
Electronic Instrumentation And Tech
Bdjn LLC
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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