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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Industrial properties
472 Lombardy St South Hill, VA 23970-2106
Entity Owned
4-yr Hold
Free & Clear
Property ID
US87-3270771
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Lot
25.56 ac (1,113,394 SF)
Zoning code
MHP
APN
078A18-26--002
UPID
US87-3270771
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
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
Lombardy Park II LLC · 4 yrs held
Lombardy Park II LLC
since 2022
Last sale
$725,000
2 recorded transactions
Zoning & alternative use
MHP · South Hill, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
MHP district, is intended to provide for the development and operation of attractive, well-planned manufactured home communities with adequate amenities and facilities that are appropriate for a residential neighborhood
Zone name
Manufactured Home Park District
General category
RESIDENTIAL
Zone area
50.78 ac
Source
Realmo
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 South Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Hill 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
$745,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $725k (Apr 20 2022)
Last sale anchor
$725k
Apr 20 2022
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
—
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
$1,455
Tax year 2023
Assessed value
$363,800
Assessed 2023
Previous assessed
$356,100
+2.2% YoY
Effective rate
0.40%
On assessed value
Assessed land
$217,300
Assessed improvement
$146,500
Land market value
$217,300
Improvement market value
$146,500
Total market value
$363,800
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
Lot
25.56 ac (1,113,394 SF)
Zoning code
MHP
APN
078A18-26--002
UPID
US87-3270771
Jurisdiction
MECKLENBURG
Zoning & alternative use
MHP · South Hill, VAZoning MHP · permitted uses
MHP · South Hill, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
MHP district, is intended to provide for the development and operation of attractive, well-planned manufactured home communities with adequate amenities and facilities that are appropriate for a residential neighborhood
Zone name
Manufactured Home Park District
General category
RESIDENTIAL
Zone area
50.78 ac
Source
Realmo
Building & site characteristics
From public records
Lot
25.56 ac
Current owner
From public records · entity-resolved
Lombardy Park II LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2 DUGGER ST, BRODNAX, VA 23920-2739
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2025
—
Lombardy Park II LLC
—
Deed
related
$850,000 · First National Bank
Apr 20, 2022
$725,000
Lombardy Park II LLC
Lombardy Trailer Park LLC
Warranty Deed
—
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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