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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
6624 Plank Rd Charlottesville, VA 22903
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-0656049
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1880
Total area
2,326 SF
Lot
0.47 ac (20,473 SF)
Zoning code
RURAL AREAS
APN
085A0-00-00-029C0
UPID
US87-0656049
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
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
Nourish Our Neighborhoods LLC · 1 yrs held
Nourish Our Neighborhoods LLC
since 2025
Last sale
$335,000
2 recorded transactions
Zoning & alternative use
RURAL AREAS · Charlottesville, 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 Charlottesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlottesville 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
Assessed value
$224,300
Assessed 2024
Previous assessed
$219,000
+2.4% YoY
Assessed land
$78,600
Assessed improvement
$145,700
Land market value
$78,600
Improvement market value
$145,700
Total market value
$224,300
Applied tax rate
4.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1880
Heating
FORCED AIR
Buildings
2
Stories
2
Total area
2,326 SF
Lot
0.47 ac (20,473 SF)
Zoning code
RURAL AREAS
APN
085A0-00-00-029C0
UPID
US87-0656049
Jurisdiction
ALBEMARLE
Zoning & alternative use
RURAL AREAS · Charlottesville, VA
Zoning RURAL AREAS · permitted uses
RURAL AREAS · Charlottesville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlottesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1880
Heating
FORCED AIR
Stories
2
Buildings
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
Nourish Our Neighborhoods LLC
Entity
Mailing address
PO BOX 869, PETERSBURG, VA 23804-0800
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2025
$335,000
Nourish Our Neighborhoods LLC
Adr Associates 1 LLC
Special Warranty Deed
$365,000 · Adr Associates I LLC
Sep 5, 2014
$175,000
Adr Associates & 1 LLC
Jenkins,norman M JR
Grant Deed
$75,000 · Norman M JR Jenkins
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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