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Property profile & analytics
OFF-MARKET
Commercial real estate
92 Cary St Grottoes, VA 24441
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US87-3141977
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2022
Lot
0.31 ac (13,373 SF)
Zoning code
RURAL BUSINESS SERV DIST
APN
160D4-(13)- L6
UPID
US87-3141977
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
-
County Line Mini Storage Storage Facility
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
Lawrence L Ayers II · 5 yrs held
Lawrence L Ayers II
since 2021
Last sale
$105,000
5 recorded transactions
Zoning & alternative use
RURAL BUSINESS SERV DIST · Grottoes, 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 Grottoes submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grottoes 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
$949
Tax year 2024
Assessed value
$139,600
Assessed 2024
Previous assessed
$139,600
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$43,700
Assessed improvement
$95,900
Land market value
$43,700
Improvement market value
$95,900
Total market value
$139,600
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
2022
Stories
1
Lot
0.31 ac (13,373 SF)
Zoning code
RURAL BUSINESS SERV DIST
APN
160D4-(13)- L6
UPID
US87-3141977
Jurisdiction
ROCKINGHAM
Zoning & alternative use
RURAL BUSINESS SERV DIST · Grottoes, VAZoning RURAL BUSINESS SERV DIST · permitted uses
RURAL BUSINESS SERV DIST · Grottoes, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2022
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Lawrence L Ayers II
Individual
Mailing address
PO BOX 1165, GROTTOES, VA 24441-1165
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2021
$105,000
Lawrence L Ayers II
Jo Ellen Twitty Lam
Deed
$70,000 · Jo Ellen Twitty Lam Etal
Mar 26, 2021
—
Jo Ellen Twitty Lam
James N Grant
Gift Deed
related
—
Jun 25, 2013
—
Mary L Twitty
James E Twitty
Intrafamily Transfer
related
—
Jan 2, 2008
—
Mildred J Twitty
Mildred J Twitty
Re-recorded Document
related
—
Dec 19, 2007
—
Mildred J Twitty
Mildred J Twitty
Deed Of Distribution
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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