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Property profile & analytics
OFF-MARKET
Commercial real estate
9325 Congress St New Market, VA 22844-9508
Individually Owned
7-yr Hold
Free & Clear
Property ID
US87-2324479
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1900
Construction
FRAME
Total area
2,616 SF
Lot
0.61 ac (26,397 SF)
Zoning code
R-2A
APN
103A1 A 055
UPID
US87-2324479
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
Carl James Hollifield · 7 yrs held
Carl James Hollifield
since 2019
2 recorded transactions
Zoning & alternative use
R-2A · New Market, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Medium Density Residential, Main Corridor, District R-2A High Density Residential, District R-3 General Business, District B-1 Highway Corridor Business, District B-2 Limited Industrial, District M-1 Floodplain Conservation Overlay, District FC Historic Overlay, District HOD The statements of intent which accompany each district are intended to describe in a…
Zone name
Medium Density Main Corridor
General category
RESIDENTIAL
Zone area
33.86 ac
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 New Market submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Market 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
$1,932
Tax year 2024
Assessed value
$301,800
Assessed 2024
Previous assessed
$301,800
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$38,000
Assessed improvement
$263,800
Land market value
$38,000
Improvement market value
$263,800
Total market value
$301,800
Applied tax rate
7.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Buildings
3
Stories
2
Rooms
8
Bathrooms
9
Total area
2,616 SF
Lot
0.61 ac (26,397 SF)
Zoning code
R-2A
APN
103A1 A 055
UPID
US87-2324479
Jurisdiction
SHENANDOAH
Zoning & alternative use
R-2A · New Market, VAZoning R-2A · permitted uses
R-2A · New Market, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Medium Density Residential, Main Corridor, District R-2A High Density Residential, District R-3 General Business, District B-1 Highway Corridor Business, District B-2 Limited Industrial, District M-1 Floodplain Conservation Overlay, District FC Historic Overlay, District HOD The statements of intent which accompany each district are intended to describe in a general way the character of uses to be encouraged in the district, to assist with the selection of appropriate districts for application to various conditions of land use, existing or planned, and with interpretation of questions which may arise with respect to particular land uses in particular locations. In any case of difference between the purpose statement and the use regulations for the district, the use regulations shall control.
Zone name
Medium Density Main Corridor
General category
RESIDENTIAL
Zone area
33.86 ac
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
3
Rooms
8
Bathrooms
9
Lot
0.61 ac
Current owner
From public records · entity-resolved
Carl James Hollifield
Individual
Free & Clear · 7 yrs held
Mailing address
9329 N CONGRESS ST, NEW MARKET, VA 22844-9508
Ownership since
2019
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
Jul 15, 2019
—
Carl James Hollifield
Carl James Hollifield
Intrafamily Transfer
related
—
May 31, 2005
—
Carl J Hollifield
Jean Schoellig
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.
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