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Property profile & analytics
OFF-MARKET
Estimated value
$2,090,000
Assisted living facilities
42 Mitchell Ave Warsaw, VA 22572-4276
Entity Owned
~
Est. High Equity
Property ID
US87-2930743
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
27,889 SF
Lot
4 ac (174,240 SF)
Zoning code
TOWN OF WARSAW
APN
16(7)A
UPID
US87-2930743
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
$2.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.09M
Owner & transaction history
Warsaw Snf Realty LLC
Warsaw Snf Realty LLC
since 2026
Last sale
$2.0M
3 recorded transactions
Zoning & alternative use
TOWN OF WARSAW · Warsaw, VA
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 Warsaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warsaw 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
$2,110,000
ML approach
$2,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,760,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,490,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,515,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.09M
Range $1.88M – $2.30M · ±10% · vs last sale $2.00M (Dec 3 2021)
Last sale anchor
$2.00M
Dec 3 2021
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
$75 / 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
$12,959
Tax year 2023
Assessed value
$1,851,248
Assessed 2023
Previous assessed
$1,851,248
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$175,000
Assessed improvement
$1,676,248
Land market value
$175,000
Improvement market value
$1,676,248
Total market value
$1,851,248
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
YES
Rooms
60
Total area
27,889 SF
Lot
4 ac (174,240 SF)
Zoning code
TOWN OF WARSAW
APN
16(7)A
UPID
US87-2930743
Jurisdiction
RICHMOND
Zoning & alternative use
TOWN OF WARSAW · Warsaw, VAZoning TOWN OF WARSAW · permitted uses
TOWN OF WARSAW · Warsaw, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Development Code
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.8M
RETAIL STORES
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Rooms
60
Lot
4 ac
Current owner
From public records · entity-resolved
Warsaw Snf Realty LLC
Entity
Mailing address
9 E 8TH ST #141, NEW YORK, NY 10003-5982
Ownership since
2026
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
Apr 23, 2026
$7,860,187
Warsaw Snf Realty LLC
42 Mitchell Avenue Owner LLC
Special Warranty Deed
$5,020,837 · Bankwell Bank
Dec 3, 2021
$2,000,000
42 Mitchell Avenue Owner LLC
Americare Plus LLC
Special Warranty Deed
—
Dec 27, 2016
—
Americare Plus LLC
—
Deed
related
$1,100,000 · Branch Banking & Trust Company
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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