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Property profile & analytics
OFF-MARKET
Industrial properties
4402 Pheasant Rdg Rd Roanoke, VA 24014-5234
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-2334248
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1958
Construction
WOOD
Total area
583 SF
Lot
7.16 ac (311,863 SF)
Zoning code
INPUD
APN
547-0302
UPID
US87-2334248
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
-
The Harmony Collection at Roanoke - Assisted Living Retirement Community
-
The Crossings at Pheasant Ridge Geriatric Care Provider Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pheasant Ridge Al LLC · 8 yrs held
Pheasant Ridge Al LLC
since 2017
7 recorded transactions
Zoning & alternative use
INPUD · 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
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 2024Property tax & assessments
Tax year 2024
Tax billed
$154,310
Tax year 2024
Assessed value
$12,648,400
Assessed 2024
Previous assessed
$12,648,400
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$982,400
Assessed improvement
$11,666,000
Land market value
$982,400
Improvement market value
$11,666,000
Total market value
$12,648,400
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
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1958
Construction
WOOD
Heating
GRAVITY
Cooling
NONE
Buildings
1
Stories
1
Rooms
4
Bathrooms
1
Total area
583 SF
Lot
7.16 ac (311,863 SF)
Zoning code
INPUD
APN
547-0302
UPID
US87-2334248
Jurisdiction
ROANOKE CITY
Zoning & alternative use
INPUD · Roanoke, VA
Zoning INPUD · permitted uses
INPUD · 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
1958
Construction
WOOD
Heating
GRAVITY
Cooling
Yes
Stories
1
Buildings
1
Rooms
4
Bathrooms
1
Lot
7.16 ac
Current owner
From public records · entity-resolved
Pheasant Ridge Al LLC
Entity
Mailing address
4423 PHEASANT RDG RD STE #301, ROANOKE, VA 24014-5300
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2025
—
Pheasant Ridge Al LLC
—
Deed
related
$20,250,000 · The First Bank & Trust Co
Nov 26, 2019
—
Pheasant Ridge Al LLC
—
Correction Deed
related
$22,900,000 · Miscellaneous Ins Co
Sep 5, 2019
—
Pheasant Ridge Al LLC
—
Grant Deed
related
$22,900,000 · Miscellaneous Ins Co
Aug 25, 2017
$1,600,000
Pheasant Ridge Al LLC
Pr Homes LLC
Trustees Deed
$14,301,000 · Bank Of Nc
Aug 25, 2017
—
Pr Homes LLC
—
Deed
related
$945,000 · Carter Bk&tr
Mar 31, 2017
—
Pr Homes LLC
—
Deed
related
$1,507,500 · Carter Bk&tr
Jul 7, 2004
$60,000
Dalton Place LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Pr Homes LLC
—
Deed Of Trust
related
$1,507,500 · Carter Bk&tr
—
—
Pr Homes LLC
—
Loan Modification
related
$945,000 · 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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