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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Commercial real estate
77 Jacob Boon Ln Boones Mill, VA 24065-1110
Entity Owned
3-yr Hold
Free & Clear
Property ID
US87-2108616
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1958
Total area
30,713 SF
Lot
55.14 ac (2,401,942 SF)
Zoning code
SM
APN
301 00-080 01
UPID
US87-2108616
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
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$765k
Owner & transaction history
Dmw Properties LLC · 3 yrs held
Dmw Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
SM · Boones Mill, 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 Boones Mill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boones Mill 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
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$615,000
Current use
Blend value · Realmo final
$765k
Range $689k – $842k · ±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
$25 / 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
Property tax & assessments
Assessed value
$3,351,000
Assessed 2023
Previous assessed
$3,422,500
-2.1% YoY
Assessed land
$675,100
Assessed improvement
$2,675,900
Land market value
$675,100
Improvement market value
$2,675,900
Total market value
$3,351,000
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
Year built
1958
Heating
SPACE
Cooling
NONE
Buildings
1
Stories
1
Rooms
1
Bathrooms
3
Total area
30,713 SF
Lot
55.14 ac (2,401,942 SF)
Zoning code
SM
APN
301 00-080 01
UPID
US87-2108616
Jurisdiction
FRANKLIN
Zoning & alternative use
SM · Boones Mill, VA
Zoning SM · permitted uses
SM · Boones Mill, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boones Mill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$615,000
COMMERCIAL (GENERAL) Current
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
Year built
1958
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
1
Rooms
1
Bathrooms
3
Lot
55.14 ac
Current owner
From public records · entity-resolved
Dmw Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 66, BOONES MILL, VA 24065-0066
Ownership since
2022
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 16, 2022
$40,000
Dmw Properties LLC
Town Of Boones Mill
Deed
—
Mar 29, 2011
$350,000
Town Of Boones Mill
Champion Hm Bldrs INC
Grant Deed
related
$400,000 · Franklin Community Bank NA
Jun 25, 2010
$490,000
Champion Home Builders INC
Nah Acquisition Corp
Grant Deed
related
—
Mar 29, 2010
$490,000
Champion Home Builders INC
Owner Name Unavailable
Grant Deed
related
—
—
—
Town Of Boones Mill
—
Deed Of Trust
related
$750,000 · Community Cap Bk
—
—
Town Of Boones Mill
—
Deed Of Trust
related
$200,000 · Community Capital Bk/va
—
—
Town Of Boones Mill
—
Deed Of Trust
related
$200,000 · Vcc 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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