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Property profile & analytics
OFF-MARKET
Strip malls
6478 Main St, The Plains, VA 20198
Individually Owned
~
Est. High Equity
Property ID
US87-0909213
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Total area
1,100 SF
Lot
0.12 ac (5,354 SF)
Zoning code
VC1 VILL CTR GEN DIST (CO
APN
6989-97-6874
UPID
US87-0909213
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
-
The Rail Stop Restaurant Restaurant
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
Tracy Lynn Pater
Tracy Lynn Pater
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
$3,995
Tax year 2024
Assessed value
$423,600
Assessed 2024
Previous assessed
$423,600
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$214,200
Assessed improvement
$209,400
Land market value
$214,200
Improvement market value
$209,400
Total market value
$423,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
1
Rooms
4
Bathrooms
6
Total area
1,100 SF
Lot
0.12 ac (5,354 SF)
Zoning code
VC1 VILL CTR GEN DIST (CO
APN
6989-97-6874
UPID
US87-0909213
Jurisdiction
FAUQUIER
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
VC1 VILL CTR GEN DIST (CO · The Plains, VA
Zoning 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
The Plains. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Rooms
4
Bathrooms
6
Lot
0.12 ac
Current owner
From public records · entity-resolved
Tracy Lynn Pater
Individual
Mailing address
PO BOX 288, THE PLAINS, VA 20198-0288
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
Nov 6, 2025
—
Tracy Lynn Pater
—
Deed
related
$145,000 · Oak View National Bank
Apr 3, 2018
—
Rail Stop Real Estate LLC
—
Deed
related
$370,000 · Oak View Nat'l Bk
—
—
Rail Stop Real Estate LLC
—
Deed Of Trust
related
$432,000 · Middleburg Bank
—
—
Rail Stop Real Estate LLC
—
Deed Of Trust
related
$100,000 · Middleburg Bank
—
—
Stop Real Estate L L C Rail
—
Deed Of Trust
related
$400,000 · Middleburg Bank
—
—
Rail Stop Real Estate LLC
—
Deed Of Trust
related
$370,000 · Oak View Nat'l Bk
—
—
Rail Stop Real Estate LLC
—
Deed Of Trust
related
$52,000 · Middleburg Bank
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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