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Property profile & analytics
OFF-MARKET
Estimated value
$15,735,000
Commercial real estate
821 Town Ctr Dr Waynesboro, VA 22980-9263
Entity Owned
12-yr Hold
Free & Clear
Property ID
US87-2750034
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2007
Construction
LIGHT FRAME
Total area
94,995 SF
Lot
20.92 ac (911,145 SF)
Zoning code
H-B
APN
60 2 - B1A
UPID
US87-2750034
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
-
OneMain Financial Loan Service
-
Augusta Dog Adoptions Charitable Organization Social Service Agency
-
Michaels Custom Framing (Bike/Boat/Book/etc) Store Home Decor Store
-
Waynesboro Town Center Grocery & Convenience Store Food Market
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.82M
Blend (final)
Blend
$15.74M
Owner & transaction history
Aldi INC · 12 yrs held
Aldi INC
since 2014
7 recorded transactions
Zoning & alternative use
H-B · Waynesboro, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established for the development of offices, hotels, service uses and similar businesses relying on close proximity to major transportation routes. These districts shall be restricted to areas located on arterials and highways. Uses within these districts shall have an attractive appearance consistent with building design standards, ample par…
Zone name
Highway Business
General category
COMMERCIAL
Zone area
633.07 ac
Source
Realmo
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 Waynesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waynesboro 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.74M
Range $14.16M – $17.31M · ±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
$166 / 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$184,610
Tax year 2023
Assessed value
$23,975,300
Assessed 2023
Previous assessed
$21,890,500
+9.5% YoY
Effective rate
0.77%
On assessed value
Assessed land
$9,336,000
Assessed improvement
$14,639,300
Land market value
$9,336,000
Improvement market value
$14,639,300
Total market value
$23,975,300
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
LIGHT FRAME
Heating
FORCED AIR
Stories
1
Total area
94,995 SF
Lot
20.92 ac (911,145 SF)
Zoning code
H-B
APN
60 2 - B1A
UPID
US87-2750034
Jurisdiction
WAYNESBORO CITY
Zoning & alternative use
H-B · Waynesboro, VAZoning H-B · permitted uses
H-B · Waynesboro, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established for the development of offices, hotels, service uses and similar businesses relying on close proximity to major transportation routes. These districts shall be restricted to areas located on arterials and highways. Uses within these districts shall have an attractive appearance consistent with building design standards, ample parking and loading areas, suitable landscaping and buffering
Zone name
Highway Business
General category
COMMERCIAL
Zone area
633.07 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2007
Construction
LIGHT FRAME
Heating
FORCED AIR
Stories
1
Lot
20.92 ac
Current owner
From public records · entity-resolved
Aldi INC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 36799, CHARLOTTE, NC 28236-6799
Ownership since
2014
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
Oct 17, 2024
—
Rof Ta Waynesboro LLC
—
Deed
related
$18,720,000 · First American Tr Services Of Virginia L
Feb 28, 2014
—
Aldi INC
Lumos Networks INC
Quit Claim Deed
related
—
Mar 2, 2011
$1,490,000
Wu Properties Waynesboro Va
Waynesboro Tc LLC
Special Warranty Deed
—
Aug 19, 2008
$32,500,000
Waynesboro Town Center LLC
Waynesboro Tc LLC
Special Warranty Deed
$22,100,000 · Us Bank National Associat
Nov 19, 2007
$1,692,570
Kohls Department Stores INC
Waynesboro Tc LLC
Special Warranty Deed
—
Dec 19, 2006
—
Target Corp
Va Electric & Power Co
Quit Claim Deed
related
—
Nov 16, 2006
—
Waynesboro Tc LLC
Ntelos Telephone INC
Quit Claim Deed
related
—
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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