Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    441 Lakewood Frst Rd Moneta, VA 24121-2143
    Back to Search
    Property profile & analytics

    441 Lakewood Frst Rd, Moneta, VA 24121-2143

    View on Map
    • Warehouses
    • 2,340 SF
    • 1.11 lot acres
    Off-Market
    Property ID
    US87-1442299
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 441 Lakewood Frst Rd

    Year built
    2007
    Lot size
    1.11 lot acres
    Zone code
    B2
    Property type
    Warehouses
    APN
    030 00-061 02A
    APU
    0300006102A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 28, 2023 — Lakewood Mini Storage LLC Shirley Farris Gift Deed · related —
    Apr 9, 2021 $55,000 Shirley Farris Matthew K Weeks Bargain & Sale Deed —
    Mar 18, 2019 — Jd Sharp Propterties LLC Cynthia Ac Sharp Grant Deed · related —
    Nov 7, 2016 $264,000 James D Sharp Brinkley,alvin L Grant Deed · related $198k · Union Bk&tr
    Jan 9, 2015 $143,000 Alvin L|bonforte Kelly A Brinkley Layton,edward & Mary Grant Deed $143k · Edward & Mary Layton
    Aug 5, 2011 — Edward Layton Robbins,c John & Philomena M Quit Claim Deed · related —
    Jul 14, 2011 $230,000 Edward Layton Robbins Living Trust Grant Deed · related $115k · Robbins Living Tr (pt)
    Jun 8, 2011 $30,000 Robbins Living Trust Stone Deanna P Trustees Deed · related —
    Jun 8, 2011 $198,000 Robbins Living Trust Stone Deanna P Trustees Deed · related —
    May 12, 2010 $35,000 John L Bisnett SR. Palmer,brian S Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Moneta
    County
    Franklin
    State
    Virginia
    Longitude
    -79.7012
    Latitude
    37.1034
    CBSA code
    40220
    CBSA name
    ROANOKE, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $72,500
    $202,200
    $274,700
    -
    $72,500
    $202,200
    $274,700

    Comparable in this City

    • Value Estimation by Request
      3,964 SF

      14190 Booker T Washington Hwy

      WAREHOUSE, STORAGE
      14190 Booker T Washington Hwy, Moneta, VA 24121-5821
      View Details
    • Value Estimation by Request
      13,500 SF

      2586 Tuck Rd

      Distribution properties
      2586 Tuck Rd, Moneta, VA 24121
      View Details
    • Value Estimation by Request
      4.09 Acres

      2586 Tuck Rd

      Flex space
      2586 Tuck Rd, Moneta, VA 24121
      View Details
    • Value Estimation by Request
      1,490 SF

      450 Sailors Cv Dr

      WAREHOUSE, STORAGE
      450 Sailors Cv Dr, Moneta, VA 24121
      View Details
    • Value Estimation by Request
      0.50 Acres

      20 Mayberry Crossing Dr

      Land
      20 Mayberry Crossing Dr, Moneta, VA 24121
      View Details
    • Value Estimation by Request
      0.24 Acres

      Jackson St

      VACANT COMMERCIAL LAND
      Jackson St, Moneta, VA 24121
      View Details

    Similar Nearby for Sale

    • $1,000,000

      Eastlake Area Mixed-Use Land

      21-acre lot with road frontage in a high-traffic area.
      2 Moneta Rd, Moneta, VA 24121
      View Details
    • $225,000
      1.37 Acres

      Commercial Land in Moneta, VA

      Commercial land available in Lakewatch Plantation, Moneta, Virginia.
      C-26 Booker T. Washington Hwy, Moneta, VA 24121
      View Details
    • $1,875,000
      Pending

      Retail Strip Center For Sale

      Retail strip center with income-producing spaces in Moneta, Virginia.
      16483 Moneta Rd, Moneta, VA 24121
      View Details
    • $95,950
      4.00 Acres

      Picturesque 4-Acre Parcel in Moneta

      Beautiful 4-acre lot in Bedford County, close to amenities.
      Stewartsville Rd, Moneta, VA 24121
      View Details
    • Contact for pricing

      Moneta Retail Space Land

      Land for retail space in Downtown Moneta Towncenter.
      13 Celebration Ave, Moneta, VA 24121
      View Details
    • Contact for pricing
      137 SF

      Commercial Land in Growing Area

      Commercial land available in a rapidly developing area.
      5B Moneta Rd, Moneta, VA 24121
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,221 SF

      Retail and Restaurant Spaces Available

      Retail and restaurant spaces for lease in Moneta, Virginia.
      13326-13374 Booker T Washington Hwy, Moneta, VA 24121
      View Details
    • Contact for pricing

      Former Food Lion Retail Sublease

      Former Food Lion space available for immediate sublease, with strong signage opportunities and multiple points of ingress/egress.
      13326 Booker T Washington Hwy, Moneta, VA 24121
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    441 Lakewood Frst Rd
    Moneta, VA 24121-2143
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    441 Lakewood Frst Rd, Moneta, VA, 24121
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!