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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Medical Office Space
4204 Cypress Park Dr, Roanoke, VA 24018-8440
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US87-0778961
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1977
Total area
2,761 SF
Lot
0.82 ac (35,719 SF)
Zoning code
C2
APN
077.20-02-13
UPID
US87-0778961
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
-
Window & Door Design Gallery Hardware & Home Improvement Production Facility
-
Roanoke Valley Orthodontics: David L Jones, DDS Dental Office
-
Roanoke Valley Orthodontist Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$915k
Owner & transaction history
Georgetown Rental Props LLC · 6 yrs held
Georgetown Rental Props LLC
since 2020
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
C2 · Roanoke, VA
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 Roanoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roanoke 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
$1,165,000
ML approach
$1,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $900k (May 27 2020)
Last sale anchor
$900k
May 27 2020
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
$331 / 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
$3,595
Tax year 2024
Assessed value
$345,700
Assessed 2024
Previous assessed
$342,700
+0.9% YoY
Effective rate
1.04%
On assessed value
Assessed land
$103,100
Assessed improvement
$242,600
Land market value
$103,100
Improvement market value
$242,600
Total market value
$345,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1977
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
2,761 SF
Lot
0.82 ac (35,719 SF)
Zoning code
C2
APN
077.20-02-13
UPID
US87-0778961
Jurisdiction
ROANOKE
Zoning & alternative use
C2 · Roanoke, VA
Zoning C2 · permitted uses
C2 · Roanoke, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roanoke. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.82 ac
Current owner
From public records · entity-resolved
Georgetown Rental Props LLC
Entity
Mailing address
PO BOX 18222, ROANOKE, VA 24014-0822
Ownership since
2020
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 27, 2020
$900,000
Georgetown Rental Props LLC
Willard Const Of Roanoke Vly INC
Grant Deed
$1,105,000 · First Citizens Bk & Tr Co
Oct 16, 2019
$10,029
Commonwealth & Va
Willard Const Of Roanoke Vly INC
Grant Deed
—
Dec 27, 2012
—
Willard Const Of Roanoke Valley I
Willard,ronald L
Quit Claim Deed
related
—
—
—
Willard Const Of Roanoke Valley I
—
Deed Of Trust
related
$2,280,000 · Carter Bk&tr
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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