Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,025,000
Commercial real estate
7329 Peppers Fry Blvd Radford, VA 24141
Entity Owned
12-yr Hold
Free & Clear
Property ID
US87-3256069
Property summary
AI-generated overview
This exceptional investment opportunity presents a substantial 3.71-acre commercial shopping center strategically positioned in Fairlawn, Virginia. Its central location offers convenient access to Radford, Dublin, and Christiansburg, ensuring high visibility and strong potential for tenant occupancy. The property comprises multiple suites, each designed to accommodate a variety of commercial uses. Several suites boast loading docks, ideal for businesses requiring efficient goods handling. The building is equipped with a mix of heating systems
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
3.71 ac (161,608 SF)
Zoning code
CM1
APN
028-001-0000-020C
UPID
US87-3256069
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
$3.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.03M
Owner & transaction history
Shah Development LLC · 12 yrs held
Shah Development LLC
since 2013
Last sale
$2.6M
1 recorded transaction
Zoning & alternative use
CM1 · Radford, VA
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 Radford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Radford 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
$3,420,000
ML approach
$3,435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.03M
Range $2.72M – $3.33M · ±10% · vs last sale $2.63M (May 30 2025)
Last sale anchor
$2.63M
May 30 2025
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
—
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
$23,945
Tax year 2024
Assessed value
$3,235,800
Assessed 2024
Previous assessed
$3,235,800
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$971,000
Assessed improvement
$2,264,800
Land market value
$971,000
Improvement market value
$2,264,800
Total market value
$3,235,800
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Lot
3.71 ac (161,608 SF)
Zoning code
CM1
APN
028-001-0000-020C
UPID
US87-3256069
Jurisdiction
PULASKI
Zoning & alternative use
CM1 · Radford, VAZoning CM1 · permitted uses
CM1 · Radford, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CITY OF RADFORD
Building & site characteristics
From public records
Lot
3.71 ac
Current owner
From public records · entity-resolved
Shah Development LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 1499, CHRISTIANSBURG, VA 24068-1499
Ownership since
2013
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
Dec 18, 2013
$1,560,000
Shah Development LLC
Harvey L Dent
Warranty Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7329 Peppers Fry Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
