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Property profile & analytics
OFF-MARKET
Medical Office Space
505 Rison St Danville, VA 24541-2458
Entity Owned
4-yr Hold
Free & Clear
Property ID
US87-1371364
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Total area
3,753 SF
Lot
0.06 ac (2,614 SF)
Zoning code
TRANSITIONAL OFFICE
APN
26605
UPID
US87-1371364
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
-
Zakhary Bosh G MD Physician
-
Perfect Smiles Dental Dental Office
-
Dr. Jasminder Kaur, DDS Dental Office
-
Boshra G Zakhary Md Physician
-
Powell Leslie T Physician
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
505 Rison Street LLC · 4 yrs held
505 Rison Street LLC
since 2022
Last sale
$150,000
3 recorded transactions
Zoning & alternative use
TRANSITIONAL OFFICE · Danville, 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 Danville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danville 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 2021Property tax & assessments
Tax year 2021
Tax billed
$3,216
Tax year 2021
Assessed value
$647,400
Assessed 2023
Previous assessed
$647,400
+0.0% YoY
Effective rate
0.50%
On assessed value
Assessed improvement
$647,400
Improvement market value
$647,400
Total market value
$647,400
Applied tax rate
5,101,110.0000
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
1992
Heating
YES
Cooling
YES
Stories
1
Total area
3,753 SF
Lot
0.06 ac (2,614 SF)
Zoning code
TRANSITIONAL OFFICE
APN
26605
UPID
US87-1371364
Jurisdiction
DANVILLE CITY
Zoning & alternative use
TRANSITIONAL OFFICE · Danville, VAZoning TRANSITIONAL OFFICE · permitted uses
TRANSITIONAL OFFICE · Danville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
UDC April 2026
Building & site characteristics
From public records
Year built
1992
Heating
YES
Cooling
Yes
Stories
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
505 Rison Street LLC
Entity
Free & Clear · 4 yrs held
Mailing address
344 OAK CRK DR, DANVILLE, VA 24541-6271
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
—
505 Rison Street LLC
—
Deed
related
$821,950 · First Citizens Bank & Trust Company
Jan 28, 2022
$150,000
505 Rison Street LLC
Danville Reginal Medical Center LLC
Special Warranty Deed
—
Nov 2, 2016
$390,000
Danville Regional Medical Center Ll
Zakhary Properties I 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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