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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Garden apartment buildings
412 Poplar St, Vinton, VA 24179-2652
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US87-0664384
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1920
Total area
17,642 SF
Lot
1.04 ac (45,302 SF)
Zoning code
R2
APN
060.16-09-40
UPID
US87-0664384
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
-
Roland E Cook Lofts Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.45M
Owner & transaction history
Old School Partners LLC · 10 yrs held
Old School Partners LLC
since 2016
4 recorded transactions
Zoning & alternative use
R2 · Vinton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+29.4%
Medical building
$2.2M
+28.5%
Restaurant
$2.0M
+15.9%
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 Vinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vinton 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,705,000
Current use
COMMERCIAL (GENERAL)
$2,210,000
Change: +29% · Conversion: Moderate
MEDICAL BUILDING
$2,190,000
Change: +28% · Conversion: Moderate
RESTAURANT
$1,975,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±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
$82 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$23,354
Tax year 2024
Assessed value
$2,245,600
Assessed 2024
Previous assessed
$2,027,500
+10.8% YoY
Effective rate
1.04%
On assessed value
Assessed land
$147,900
Assessed improvement
$2,097,700
Land market value
$147,900
Improvement market value
$2,097,700
Total market value
$2,245,600
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1920
Heating
HOT WATER
Cooling
CENTRAL
Stories
2
Units
1
Total area
17,642 SF
Lot
1.04 ac (45,302 SF)
Zoning code
R2
APN
060.16-09-40
UPID
US87-0664384
Jurisdiction
ROANOKE
Zoning & alternative use
R2 · Vinton, VA
Zoning R2 · permitted uses
R2 · Vinton, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vinton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.2M
RESTAURANT
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
HOT WATER
Cooling
Yes
Stories
2
Units
1
Lot
1.04 ac
Current owner
From public records · entity-resolved
Old School Partners LLC
Entity
Mailing address
PO BOX 450, FINCASTLE, VA 24090-0450
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2018
—
Old Sch Ptrs LLC
—
Deed
related
$2,150,000 · Virginia Hsng & Dev Auth
May 16, 2016
—
Old School Partners LLC
Board Of Supervisors Of Roanoke
Grant Deed
related
$2,400,000 · Community Capital Bk/va
Oct 24, 2013
—
Board Of Supervisors & Roanoke Cnty
County Sch Board Of Roanoke Cnty
Quit Claim Deed
related
—
—
—
Old Sch Ptrs LLC
—
Deed Of Trust
related
$2,150,000 · Virginia Hsng & Dev Auth
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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