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Property profile & analytics
FOR LEASE
Outlet malls
4001 College Ave Bluefield, VA 24605
Trust Owned
14-yr Hold
Free & Clear
Property ID
US87-2117459
For Lease
1 / 10
$23,415,000
4001 College Ave, Bluefield, VA 24605
View Listing →
Property summary
AI-generated overview
Ridgeview Plaza, located at 4001 College Ave, Bluefield, VA 24605, presents a prime retail investment opportunity. This 87,970 square foot shopping center, built in 2001, boasts a strong tenant lineup including a Walmart Supercenter shadow anchor. The center enjoys excellent visibility from Highway 460, a major east-west thoroughfare with over 14,000 vehicles daily. A signalized main entrance ensures easy access for customers. The property offers multiple tenancies, with a minimum divisible space of 1,498 square feet. Current tenants include Bealls, Dollar Tree, Med Express Urgent Care, Cato, Rent-A-Center, Verizon, GameStop, and Sally Beauty Supply. The ample parking provides a 5.45 spaces per 1,000 square feet ratio. Situated in Tazewell County, this center benefits from its strategic location and strong tenant mix, making it an attractive option for investors seeking a stable and high-traffic retail property. The property is classified as a commercial retail shopping center.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2005
Total area
227,041 SF
Lot
28.58 ac (1,244,727 SF)
APN
025 A 0049
UPID
US87-2117459
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
$22.70M
Blend (final)
Blend
$23.42M
Owner & transaction history
Sandra W Rutherford Revocable Trust · 14 yrs held
Sandra W Rutherford Revocable Trust
since 2011
1 recorded transaction
Zoning & alternative use
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 Bluefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bluefield 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
$23.42M
Range $21.07M – $25.76M · ±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
$103 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$92,449
Tax year 2019
Assessed value
$15,939,400
Assessed 2023
Previous assessed
$15,939,400
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$5,092,500
Assessed improvement
$10,846,900
Land market value
$5,092,500
Improvement market value
$10,846,900
Total market value
$15,939,400
Applied tax rate
4.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
2005
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
227,041 SF
Lot
28.58 ac (1,244,727 SF)
APN
025 A 0049
UPID
US87-2117459
Jurisdiction
TAZEWELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
28.58 ac
Current owner
From public records · entity-resolved
Sandra W Rutherford Revocable Trust
Trust
Free & Clear · 14 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2011
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
Dec 8, 2011
$540,000
Sandra W Rutherford Revocable Trust
Wal Mart Real Estate Business Trust
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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