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Property profile & analytics
OFF-MARKET
Office buildings
524 Royal Ave Front Royal, VA 22630-2685
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US87-1843052
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1936
Total area
576 SF
Lot
0.21 ac (9,017 SF)
Zoning code
C1
APN
20A5 718 10
UPID
US87-1843052
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
-
HVAC FRONT ROYAL LLC HVAC Service General Contractor
-
Zip-A-Dee Services Waste Management Facility
-
Postal Business Center Shipping Company Freight Service
-
1st Choice Collateral Recovery LLC Corporate Office
-
Conflict Management Consortium Consultant
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
524 N Royal Ave LLC · 7 yrs held
524 N Royal Ave LLC
since 2018
4 recorded transactions
Zoning & alternative use
C1 · Front Royal, 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 Front Royal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Front Royal 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
$1,541
Tax year 2024
Assessed value
$314,400
Assessed 2024
Previous assessed
$314,400
+0.0% YoY
Effective rate
0.49%
On assessed value
Assessed land
$108,200
Assessed improvement
$206,200
Land market value
$108,200
Improvement market value
$206,200
Total market value
$314,400
Applied tax rate
64.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1936
Heating
HEAT PUMP
Cooling
YES
Stories
1
Units
1
Rooms
2
Bathrooms
3
Total area
576 SF
Lot
0.21 ac (9,017 SF)
Zoning code
C1
APN
20A5 718 10
UPID
US87-1843052
Jurisdiction
WARREN
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
C1 · Front Royal, VA
Zoning C1 · permitted uses
C1 · Front Royal, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Front Royal. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1936
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Rooms
2
Bathrooms
3
Lot
0.21 ac
Current owner
From public records · entity-resolved
524 N Royal Ave LLC
Entity
Mailing address
404 BENTLEY DR, INWOOD, WV 25428-3419
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2018
$229,364
524 N Royal Ave LLC
Shiv Investments LLC
Deed
$226,364 · Shiv Investments LLC
May 15, 2013
$257,500
Shiv Investments LLC
Brainard T Coffey
Deed
$206,000 · United Bank
Sep 20, 2010
$364,290
Brainard T Coffey
Brainard T Coffey
Deed In Lieu Of Foreclosure
related
—
Dec 21, 2007
$400,000
Richard L Simpson JR
Brainard T Coffey
Deed
$380,000 · Brainard T Coffey Etal
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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