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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
530 28th St Buena Vista, VA 24416-1502
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-2805896
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Zoning code
LM
APN
27- 1- 5-11- 4A
UPID
US87-2805896
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
Jonathan C Williams · 4 yrs held
Jonathan C Williams
since 2022
Last sale
$30,000
3 recorded transactions
Zoning & alternative use
LM · Buena Vista, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of the (LM) Light Manufacturing District is to establish and preserve areas within the city that are suitable for business and light manufacturing uses that provide desirable employment consistent with the goal of maintaining environmental quality.
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
330.46 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 Buena Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buena Vista 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
Property tax & assessments
Assessed value
$20,000
Assessed 2024
Previous assessed
$20,000
+0.0% YoY
Assessed land
$20,000
Land market value
$20,000
Total market value
$20,000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Zoning code
LM
APN
27- 1- 5-11- 4A
UPID
US87-2805896
Jurisdiction
BUENA VISTA CITY
Zoning & alternative use
LM · Buena Vista, VAZoning LM · permitted uses
LM · Buena Vista, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of the (LM) Light Manufacturing District is to establish and preserve areas within the city that are suitable for business and light manufacturing uses that provide desirable employment consistent with the goal of maintaining environmental quality.
Zone name
Light Manufacturing
General category
INDUSTRIAL
Zone area
330.46 ac
Source
Realmo
Current owner
From public records · entity-resolved
Jonathan C Williams
Individual
Mailing address
1150 FRST GRV RD, LEXINGTON, VA 24450-3253
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Mar 15, 2022
$30,000
Jonathan C Williams
Cornerstone Bank NA
Bargain And Sale Deed
$246,500 · Cornerstone Bank
Oct 30, 2009
—
28th Street Holding Co LLC
Paul G Palma
Gift Deed
related
$250,000 · Cornerstone Bank NA
Jun 22, 2007
—
Paula G Palma
Robert M Davis
Deed
$90,000 · Bank Of Rockbridge
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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