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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Commercial real estate
37 Laymantown Rd Troutville, VA 24175-6635
Entity Owned
Free & Clear
Property ID
US87-1685219
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.09 ac (47,480 SF)
Zoning code
A1
APN
108-101A
UPID
US87-1685219
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
-
Carilion Clinic Family Medicine - Blue Ridge Medical Clinic
-
Catherine G. Rea, M.D. Pediatrician Physician
-
Saima Sadiq, M.D. Pediatrician Physician
-
Elsie Ward, PA Physician
-
Dr. Ronald B. Overstreet, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
Commonwealth Of Virginia Department
Commonwealth Of Virginia Department
since 2025
Last sale
$860,000
3 recorded transactions
Zoning & alternative use
A1 · Troutville, 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 Troutville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Troutville 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
$860,000
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $860k (Sep 27 2024)
Last sale anchor
$860k
Sep 27 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
—
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
Property tax & assessments
Assessed value
$985,800
Assessed 2023
Previous assessed
$985,800
+0.0% YoY
Assessed land
$174,400
Assessed improvement
$811,400
Land market value
$174,400
Improvement market value
$811,400
Total market value
$985,800
Applied tax rate
5,100,420.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Heating
NONE
Lot
1.09 ac (47,480 SF)
Zoning code
A1
APN
108-101A
UPID
US87-1685219
Jurisdiction
BOTETOURT
Zoning & alternative use
A1 · Troutville, VA
Zoning A1 · permitted uses
A1 · Troutville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Troutville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.09 ac
Current owner
From public records · entity-resolved
Commonwealth Of Virginia Department
Entity
Free & Clear · 0 yrs held
Mailing address
213 S JEFFERSON ST, ROANOKE, VA 24011-1705
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
—
Commonwealth Of Virginia Department
Bv Sharp Properties LLC
Deed
—
Sep 27, 2024
$860,000
Bv Sharp Properties LLC
Carilio Clinic Properties LLC
Special Warranty Deed
$731,000 · Bank Of Botetourt
Dec 13, 2021
$1,057,500
Carilion Clinic Properties LLC
Windy Gap Land Partership
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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