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Property profile & analytics
FOR SALE
Outlet malls
5350 Clearbrook Village Ln Roanoke, VA 24014
Trust Owned
12-yr Hold
Free & Clear
Property ID
US87-0886025
For Sale
$850,000
5350 Clearbrook Village Ln, Roanoke, VA 24014
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2010
Total area
187,130 SF
Lot
29.96 ac (1,305,058 SF)
Zoning code
C2C
APN
088.03-01-09
UPID
US87-0886025
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
-
SmartStyle Hair Salon Barber Shop
-
Regal Nails, Salon & Spa Nail Salon
-
Walmart Garden Center Garden Center
-
Walmart Business Center Tech Support Center (Bike/Boat/Book/etc) Store
-
Primo Water Refill & Exchange Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.35M
Owner & transaction history
Wal-mart R & E Business Trust · 12 yrs held
Wal-mart R & E Business Trust
since 2013
4 recorded transactions
Zoning & alternative use
C2C · Roanoke, 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 Roanoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roanoke 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
by Request
ML approach
$1,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±10%
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
$7 / SF
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
$143,678
Tax year 2024
Assessed value
$13,815,200
Assessed 2024
Previous assessed
$13,801,500
+0.1% YoY
Effective rate
1.04%
On assessed value
Assessed land
$4,357,200
Assessed improvement
$9,458,000
Land market value
$4,357,200
Improvement market value
$9,458,000
Total market value
$13,815,200
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
2010
Heating
OTHER
Cooling
CENTRAL
Stories
1
Total area
187,130 SF
Lot
29.96 ac (1,305,058 SF)
Zoning code
C2C
APN
088.03-01-09
UPID
US87-0886025
Jurisdiction
ROANOKE
Zoning & alternative use
C2C · Roanoke, VA
Zoning C2C · permitted uses
C2C · Roanoke, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roanoke. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Heating
OTHER
Cooling
Yes
Stories
1
Lot
29.96 ac
Current owner
From public records · entity-resolved
Wal-mart R & E Business Trust
Trust
Free & Clear · 12 yrs held
Mailing address
PO BOX 8050, BENTONVILLE, AR 72712-8055
Ownership since
2013
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
Aug 23, 2013
—
Wal-mart R & E Business Trust
Board Of Supervisors/roanoke Cnty
Quit Claim Deed
related
—
Jul 17, 2013
$500
Wal-mart Real Estate Busn Trus
Commonwealth Of Va
Quit Claim Deed
related
—
Aug 7, 2009
—
Wal-mart Real Estate Business Trust
Evangel Foursquare Church
Grant Deed
related
—
Mar 1, 1999
$650,000
Evangel Foursquare Church
Miller,alvin L
Grant 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.
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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