New search
Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Retail space
969 Vly St, Scottsville, VA 24590-8002
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US87-0996871
Property summary
AI-generated overview
This fee-simple retail property in Scottsville, Virginia, offers a compelling investment opportunity. The 9,002 square-foot building, constructed in 2014, is currently 100% occupied by a Dollar General under a triple-net (NNN) lease with a corporate guarantee. The lease commenced August 12, 2014, and has a remaining term of approximately 4.8 years, with five, five-year renewal options, each including a 10% rent increase. The property boasts a strong cap rate of 7.10% and a net operating income (NOI) of $112,977. Situated on a 1.02-acre lot at 969 Valley Street, the property benefits from a high-traffic location with nearby tenants including Food Lion, Ace Hardware, Subway, Rite Aid, and others. The asking price is $1,591,225, translating to $176.76 per square foot. This upgraded construction Dollar General offers a stable, long-term investment with significant upside potential. The property's strong tenant, favorable lease terms, and prime location make it an attractive addition to any portfolio. The property is zoned for commercial use.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Total area
9,240 SF
Lot
0.74 ac (32,147 SF)
Zoning code
TOWN OF SCOTTSVILLE
APN
130A1-00-00-02700
UPID
US87-0996871
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
-
FedEx OnSite Postal Service Courier Service
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Mce Commercial LLP · 10 yrs held
Mce Commercial LLP
since 2015
3 recorded transactions
Zoning & alternative use
TOWN OF SCOTTSVILLE · Scottsville, 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 Scottsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scottsville 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
$54 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$9,683
Tax year 2024
Assessed value
$1,133,800
Assessed 2024
Previous assessed
$1,071,100
+5.9% YoY
Effective rate
0.85%
On assessed value
Assessed land
$337,500
Assessed improvement
$796,300
Land market value
$337,500
Improvement market value
$796,300
Total market value
$1,133,800
Applied tax rate
5.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2014
Heating
HEAT PUMP
Stories
1
Total area
9,240 SF
Lot
0.74 ac (32,147 SF)
Zoning code
TOWN OF SCOTTSVILLE
APN
130A1-00-00-02700
UPID
US87-0996871
Jurisdiction
ALBEMARLE
Zoning & alternative use
TOWN OF SCOTTSVILLE · Scottsville, VA
Zoning TOWN OF SCOTTSVILLE · permitted uses
TOWN OF SCOTTSVILLE · Scottsville, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Scottsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Heating
HEAT PUMP
Stories
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Mce Commercial LLP
Entity
Mailing address
418 1ST ST SW, ROANOKE, VA 24011-1904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
—
Mce Commercial LP
—
Deed
related
$1,100,000 · Hometrust Bank
Sep 8, 2015
$1,670,000
Mce Commercial LLP
Jmb Investment Co LLC
Trustees Deed
$1,419,500 · Hometown Bk
Oct 4, 2013
$450,000
Jmb Investment Co LLC
Childress,theodore R
Grant Deed
$1,329,000 · Pinnacle 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.
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 969 Vly St?
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.
