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4001 College Ave, Bluefield, VA 24605
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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
Current use
Occupant on record · Public records
-
Barber Shop
-
Take-out & Catering
-
(Bike/Boat/Book/etc) Store
-
(Bike/Boat/Book/etc) Store Pet Store & Service
-
Big Box & Wholesale Store
Location
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
since 2011
1 recorded transaction
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$23.42M
Value range
$21.07M – $25.76M
±10% around blend
Estimated value / SF
$103 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$21.07M
blend $23.42M
$25.76M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
227,041 SF
Lot area
28.58 ac
Year built
2005
Stories
1
APN
025 A 0049
Assessed value
$15,939,400
Annual tax
$92,449
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$22.70M
Range $4.86M – $24.19M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$23.42M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 26 sales
$66
+56%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $103/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$15.94M
Move the market yield to see immediate price impact.
Value / SF
$70
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.00M
$20.08M
$14.35M
$11.16M
$1.12M
$22.32M
$15.94M
$12.40M
$1.23M
$24.55M
$17.53M
$13.64M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
2005
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
28.58 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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