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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Industrial properties
401 Main St Louisa, VA 23093-6518
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-0621325
Property summary
AI-generated overview
This single-tenant industrial warehouse, located at 401 E Main St, Louisa, VA 23093, offers 15,000 square feet of space on a 168,224 square foot lot. Built in 1966, this one-story building features superior construction, including manufacturing-grade floor loads, 25' x 50' column spacings, and 19' ceilings. The property boasts convenient access with one 14' x 16' drive-in door and one 8' x 8' dock-high door, providing ample space for tractor-trailer maneuvering. The zoning is TOWN, and the APN is 40A2 1 24A. Located in Louisa County, this property benefits from a strategic position midway between Charlottesville and Richmond, offering excellent access to major transportation routes. The building is equipped with 3-phase power. Additional lay-down area may be possible. This property presents a unique opportunity for businesses seeking a well-maintained, functional warehouse in a desirable location. The property is situated in Louisa County, Virginia.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1966
Lot
4.24 ac (184,694 SF)
APN
40A2 1 24A
UPID
US87-0621325
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
-
Northwest Hardware Building Supply Hardware & Home Improvement
-
Louisa True Value Hardware Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
Krewe De Vokol LLC · 2 yrs held
Krewe De Vokol LLC
since 2024
Last sale
$2.4M
3 recorded transactions
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 Louisa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisa 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,000
Tax year 2022
Assessed value
$1,157,400
Assessed 2023
Previous assessed
$1,157,400
+0.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$461,700
Assessed improvement
$695,700
Land market value
$461,700
Improvement market value
$695,700
Total market value
$1,157,400
Applied tax rate
8.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1966
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
4
Bathrooms
2
Lot
4.24 ac (184,694 SF)
APN
40A2 1 24A
UPID
US87-0621325
Jurisdiction
LOUISA
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
1966
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
2
Lot
4.24 ac
Current owner
From public records · entity-resolved
Krewe De Vokol LLC
Entity
Mailing address
415 PREDDY CRK RD NE, BARBOURSVILLE, VA 22923-2824
Ownership since
2024
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 1, 2024
$2,400,000
Krewe De Vokol LLC
Jbc Commercial Properties LLC
Deed
$2,040,000 · Atlantic Union Bank
Feb 11, 2008
$1,000,000
Jbc Commercial Properties LLC
Prp Virginia Realty LLC
Warranty Deed
—
Mar 14, 2005
$425,696
Prp Virginia Realty LLC
Woodland Holdings LLC
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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