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Property profile & analytics
OFF-MARKET
Estimated value
$1,665,000
Industrial properties
400 Oak Ave Waynesboro, VA 22980
Entity Owned
8-yr Hold
Free & Clear
Property ID
US87-2489197
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1983
Total area
203,816 SF
Lot
15.01 ac (653,836 SF)
Zoning code
L-I
APN
82 1 - 87A
UPID
US87-2489197
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
-
Kenco Group Inc Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.67M
Owner & transaction history
A&at LLC A Delaware Limited Liabili · 8 yrs held
A&at LLC A Delaware Limited Liabili
since 2018
3 recorded transactions
Zoning & alternative use
L-I · Waynesboro, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to provide a location for low-intensity manufacturing and industrial activities that may generate some nuisances. Industrial uses are not appropriate interspersed with residential uses
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
599.77 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
$1.67M
Range $1.50M – $1.83M · ±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
$8 / 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
$20,857
Tax year 2023
Assessed value
$2,708,700
Assessed 2023
Previous assessed
$2,557,400
+5.9% YoY
Effective rate
0.77%
On assessed value
Assessed land
$473,700
Assessed improvement
$2,235,000
Land market value
$473,700
Improvement market value
$2,235,000
Total market value
$2,708,700
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1983
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
3
Total area
203,816 SF
Lot
15.01 ac (653,836 SF)
Zoning code
L-I
APN
82 1 - 87A
UPID
US87-2489197
Jurisdiction
WAYNESBORO CITY
Zoning & alternative use
L-I · Waynesboro, VAZoning L-I · permitted uses
L-I · 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 intended to provide a location for low-intensity manufacturing and industrial activities that may generate some nuisances. Industrial uses are not appropriate interspersed with residential uses
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
599.77 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1983
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
3
Lot
15.01 ac
Current owner
From public records · entity-resolved
A&at LLC A Delaware Limited Liabili
Entity
Free & Clear · 8 yrs held
Mailing address
2712 CENTERVILLE RD, WILMINGTON, DE 19808-1608
Ownership since
2018
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
Jul 29, 2019
—
The Lycra Company LLC
—
Deed
related
$250,000 · Wilmington Trust
Jan 3, 2018
—
A&at LLC A Delaware Limited Liabili
Invista S A R L A Luxembourg Societ
Special Warranty Deed
—
Apr 30, 2012
$350,000
Invista S A Rl
Stone Fort Land Company
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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