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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
6470 Main St The Plains, VA 20198-2255
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-0504211
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1921
Total area
2,154 SF
Lot
0.21 ac (8,956 SF)
Zoning code
VC1 VILL CTR GEN DIST (CO
APN
6989-97-7784
UPID
US87-0504211
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
-
Plains Market Food Market Farmer's Market
-
Sunoco Gas Station
-
ATM Atm
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
The Plains 101 LLC · 1 yrs held
The Plains 101 LLC
since 2025
7 recorded transactions
Zoning & alternative use
VC1 VILL CTR GEN DIST (CO · The Plains, 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 The Plains submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs The Plains 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
$6,354
Tax year 2024
Assessed value
$673,800
Assessed 2024
Previous assessed
$673,800
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$358,200
Assessed improvement
$315,600
Land market value
$358,200
Improvement market value
$315,600
Total market value
$673,800
Applied tax rate
6.0000
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
1921
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
2
Bathrooms
2
Total area
2,154 SF
Lot
0.21 ac (8,956 SF)
Zoning code
VC1 VILL CTR GEN DIST (CO
APN
6989-97-7784
UPID
US87-0504211
Jurisdiction
FAUQUIER
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
VC1 VILL CTR GEN DIST (CO · The Plains, VAZoning VC1 VILL CTR GEN DIST (CO · permitted uses
VC1 VILL CTR GEN DIST (CO · The Plains, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1921
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
The Plains 101 LLC
Entity
Mailing address
PO BOX 229, THE PLAINS, VA 20198-0229
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2025
$1,050,000
The Plains 101 LLC
124 Group LLC
Deed
$840,000 · Bank Of Clarke
Jun 18, 2015
$1,050,000
124 Group LLC
Kinsey Ents LLC
Grant Deed
—
Sep 7, 2005
$1,300
Kinsey Enterprises INC
Un Suk Lee
Warranty Deed
$1,213 · Access National Bank
Mar 3, 2004
$1,270,000
Un Suk Llee INC
K2k LLC
Grant Deed
$450,000 · Lesser Financial Enterprises LLC
—
—
124 Group LLC
—
Loan Modification
related
$901,300 · Access Nat'l Bk
—
—
Kensey Enterprises LLC
—
Deed Of Trust
related
$515,000 · Rappahannock Enocomic Dev Corp
—
—
Un Suk Llee INC
—
Deed Of Trust
related
$1,042,000 · Business Loan Center 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.
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