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Property profile & analytics
OFF-MARKET
Commercial real estate
537 Main St Bland, VA 24315-5480
Entity Owned
7-yr Hold
Free & Clear
Property ID
US87-2622305
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1978
Total area
2,610 SF
Lot
0.57 ac (24,829 SF)
Zoning code
CUP
APN
77A310 28& 29C
UPID
US87-2622305
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
-
Myofunctional Therapy of Southwest Virginia, LLC Medical Clinic
-
Bland Family Dentistry Dental Office
-
Dr. Olena S. Lambert, DDS Dental Office
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
Sexton Lambert Real Estate LLC · 7 yrs held
Sexton Lambert Real Estate LLC
since 2019
1 recorded transaction
Zoning & alternative use
CUP · Bland, 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 Bland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bland 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 2023Property tax & assessments
Tax year 2023
Tax billed
$998
Tax year 2023
Assessed value
$166,300
Assessed 2023
Previous assessed
$166,300
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$30,000
Assessed improvement
$136,300
Land market value
$30,000
Improvement market value
$136,300
Total market value
$166,300
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1978
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
2
Total area
2,610 SF
Lot
0.57 ac (24,829 SF)
Zoning code
CUP
APN
77A310 28& 29C
UPID
US87-2622305
Jurisdiction
BLAND
Zoning & alternative use
CUP · Bland, VA
Zoning CUP · permitted uses
CUP · Bland, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
Sexton Lambert Real Estate LLC
Entity
Free & Clear · 7 yrs held
Mailing address
537 MAIN ST, BLAND, VA 24315-5480
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2019
—
Sexton Lambert Real Estate LLC
Olena S Lambert
Gift Deed
related
—
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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