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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
5977 Scottsville Rd Scottsville, VA 24590-4087
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US87-0605654
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1950
Total area
1,680 SF
Lot
0.56 ac (24,524 SF)
Zoning code
RURAL AREAS
APN
12100-00-00-089A0
UPID
US87-0605654
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
-
Green Mountain Country Store Gas Station
-
U-Haul Neighborhood Dealer Car Rental Facility
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
Patel Real Estate LLC · 7 yrs held
Patel Real Estate LLC
since 2018
3 recorded transactions
Zoning & alternative use
RURAL AREAS · Scottsville, 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 Scottsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scottsville 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
$3,718
Tax year 2024
Assessed value
$435,400
Assessed 2024
Previous assessed
$413,900
+5.2% YoY
Effective rate
0.85%
On assessed value
Assessed land
$147,100
Assessed improvement
$288,300
Land market value
$147,100
Improvement market value
$288,300
Total market value
$435,400
Applied tax rate
5.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1950
Heating
HEAT PUMP
Stories
1
Total area
1,680 SF
Lot
0.56 ac (24,524 SF)
Zoning code
RURAL AREAS
APN
12100-00-00-089A0
UPID
US87-0605654
Jurisdiction
ALBEMARLE
Zoning & alternative use
RURAL AREAS · Scottsville, VA
Zoning RURAL AREAS · permitted uses
RURAL AREAS · Scottsville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Scottsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
HEAT PUMP
Stories
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Patel Real Estate LLC
Entity
Mailing address
5977 SCOTTSVILLE RD, SCOTTSVILLE, VA 24590-4087
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2021
—
Patel Real Estate LLC
—
Deed
related
$398,000 · Carter Bank & Trust
Oct 18, 2018
$389,500
Patel Real Estate LLC
Jmkg Ent Corp
Warranty Deed
$320,025 · Union Bk&tr
—
—
Jmkg Ent Corp
—
Deed Of Trust
related
$463,000 · Wilshire Bk
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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