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Property profile & analytics
OFF-MARKET
Estimated value
$2,365,000
Automotive properties
3604 Riverside Dr Danville, VA 24541-4636
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US87-1686450
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1969
Construction
STEEL FRAME
Total area
32,533 SF
Lot
3.92 ac (170,755 SF)
Zoning code
HIGHWAY RETAIL COMM
APN
57194
UPID
US87-1686450
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
-
Barkhouser Motors Inc Car Dealership
-
Service at Apple Ford of Danville Auto Repair Shop Vehicle Inspection Center
-
Parts at Apple Ford of Danville Auto Parts Store
-
Apple Ford of Danville Car Dealership
-
Barkhouser Motors Inc Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.37M
Owner & transaction history
H2a2 Of Danville Virginia LLC · 5 yrs held
H2a2 Of Danville Virginia LLC
since 2021
Last sale
$2.0M
2 recorded transactions
Zoning & alternative use
HIGHWAY RETAIL COMM · Danville, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
UDC April 2026
Top alternative use upside
Office building
$3.5M
+15.2%
Restaurant
$3.1M
+1.5%
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
$2,810,000
ML approach
$2,730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,025,000
Current use
OFFICE BUILDING
$3,485,000
Change: +15% · Conversion: Difficult
RESTAURANT
$3,070,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$2,485,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.37M
Range $2.13M – $2.60M · ±10% · vs last sale $1.97M (Jun 2 2021)
Last sale anchor
$1.97M
Jun 2 2021
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
$73 / 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
$12,220
Tax year 2021
Assessed value
$1,622,100
Assessed 2023
Previous assessed
$1,622,100
+0.0% YoY
Effective rate
0.75%
On assessed value
Assessed land
$686,700
Assessed improvement
$935,400
Land market value
$686,700
Improvement market value
$935,400
Total market value
$1,622,100
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1969
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Stories
1
Total area
32,533 SF
Lot
3.92 ac (170,755 SF)
Zoning code
HIGHWAY RETAIL COMM
APN
57194
UPID
US87-1686450
Jurisdiction
DANVILLE CITY
Zoning & alternative use
HIGHWAY RETAIL COMM · Danville, VAZoning HIGHWAY RETAIL COMM · permitted uses
HIGHWAY RETAIL COMM · Danville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
UDC April 2026
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.0M
OFFICE BUILDING
Est. value
$3.5M
RESTAURANT
Est. value
$3.1M
RETAIL STORES
Est. value
$2.5M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RESTAURANT
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
Year built
1969
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
3.92 ac
Current owner
From public records · entity-resolved
H2a2 Of Danville Virginia LLC
Entity
Mailing address
508 NEW BRITAIN DR, LYNCHBURG, VA 24503-2146
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2021
$1,965,000
H2a2 Of Danville Virginia LLC
Barkhouser Enterprises LLC
Special Warranty Deed
$1,880,000 · American National Bank And Trust Company
Jun 2, 2021
$385,000
H2a2 Of Danville Virginia LLC
Barkhouser Investments 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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