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Property profile & analytics
OFF-MARKET
Turn key restaurants
510 Commerce Dr Bluefield, VA 24605-9697
Entity Owned
1-yr Hold
Free & Clear
Property ID
US87-2160225
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2005
Total area
5,558 SF
Lot
0.98 ac (42,645 SF)
APN
025 A 0041A2
UPID
US87-2160225
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bluefield Bob LLC · 1 yrs held
Bluefield Bob LLC
since 2024
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
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 Bluefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bluefield 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 2019Property tax & assessments
Tax year 2019
Tax billed
$7,353
Tax year 2019
Assessed value
$1,267,800
Assessed 2023
Previous assessed
$1,267,800
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$597,200
Assessed improvement
$670,600
Land market value
$597,200
Improvement market value
$670,600
Total market value
$1,267,800
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
2
Total area
5,558 SF
Lot
0.98 ac (42,645 SF)
APN
025 A 0041A2
UPID
US87-2160225
Jurisdiction
TAZEWELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Bluefield Bob LLC
Entity
Free & Clear · 1 yrs held
Mailing address
200 S BISCAYNE BLVD, MIAMI, FL 33131-2310
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2024
$2,500,000
Bluefield Bob LLC
Cot Bob 44 Holdco LLC
Special Warranty Deed
—
Jun 29, 2023
$1,983,138
Cot Bob 44 Holdco LLC
Afn Absprop001 LLC
Special Warranty Deed
$66,215,000 · Wells Fargo Bank NA
Jun 20, 2019
$2,340,000
Afn Absprop001 LLC
Arg Be23prop02 LLC
Special Warranty Deed
$242,000,000 · Citibank NA
Sep 10, 2018
$2,254,347
Arg Be23prop02 LLC
Ber Real Estate Investments I LLC
Special Warranty Deed
—
May 22, 2017
$4,100,000
Ber Real Estate Investments I LLC
Bob Evans Farms LLC
Special Warranty Deed
$200,000,000 · Wells Fargo Bank NA
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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