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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Investment properties
61 Ct Sq Harrisonburg, VA 22801-3720
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3246549
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Total area
6,850 SF
Lot
0.19 ac (8,398 SF)
Zoning code
CENTRAL BUSINESS
APN
034 X 18
UPID
US87-3246549
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
-
Go Mortgage LLC Loan Service Bank
-
Yenifer Valera Sabino, Finance of America Mortgage LLC Loan Service Bank
-
The Tuning Fork (Bike/Boat/Book/etc) Store
-
JP Gulla, Go Mortgage LLC Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
J S Denton & Sons Incorporated · 3 yrs held
J S Denton & Sons Incorporated
since 2023
1 recorded transaction
Zoning & alternative use
CENTRAL BUSINESS · Harrisonburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+47.2%
Medical building
$880,000
+13.4%
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 Harrisonburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrisonburg 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$775,000
Current use
OFFICE BUILDING
$1,145,000
Change: +47% · Conversion: Easy
MEDICAL BUILDING
$880,000
Change: +13% · Conversion: Easy
RETAIL STORES
$730,000
Change: -6% · Conversion: Easy
AUTO REPAIR, GARAGE
$700,000
Change: -10% · Conversion: Difficult
RESTAURANT
$680,000
Change: -13% · Conversion: Difficult
WAREHOUSE, STORAGE
$650,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$116 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$21,784
Tax year 2021
Assessed value
$2,420,400
Assessed 2021
Previous assessed
$2,420,400
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$210,000
Assessed improvement
$2,210,400
Land market value
$210,000
Improvement market value
$2,210,400
Total market value
$2,420,400
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Stories
4
Total area
6,850 SF
Lot
0.19 ac (8,398 SF)
Zoning code
CENTRAL BUSINESS
APN
034 X 18
UPID
US87-3246549
Jurisdiction
HARRISONBURG CITY
Zoning & alternative use
CENTRAL BUSINESS · Harrisonburg, VA
Zoning CENTRAL BUSINESS · permitted uses
CENTRAL BUSINESS · Harrisonburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Harrisonburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$775,000
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$880,000
RETAIL STORES
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$700,000
RESTAURANT
Est. value
$680,000
WAREHOUSE, STORAGE
Est. value
$650,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Stories
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
J S Denton & Sons Incorporated
Individual
Mailing address
92 N LIBERTY ST, HARRISONBURG, VA 22802-3733
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Mar 6, 2023
—
J S Denton & Sons Incorporated
—
Deed
related
$150,000 · Pendleton Community Bank INC
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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