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Property profile & analytics
OFF-MARKET
Office buildings
Grn Frst Buena Vista, VA 24416
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-2879416
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
3.73 ac (162,479 SF)
Zoning code
GM
APN
8- 1- - - 5D1
UPID
US87-2879416
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
Mark Stephen Funk II · 6 yrs held
Mark Stephen Funk II
since 2020
Last sale
$52,000
3 recorded transactions
Zoning & alternative use
GM · Buena Vista, 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 Buena Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buena Vista 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
Property tax & assessments
Assessed value
$107,700
Assessed 2024
Previous assessed
$107,700
+0.0% YoY
Assessed land
$31,700
Assessed improvement
$76,000
Land market value
$31,700
Improvement market value
$76,000
Total market value
$107,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Lot
3.73 ac (162,479 SF)
Zoning code
GM
APN
8- 1- - - 5D1
UPID
US87-2879416
Jurisdiction
BUENA VISTA CITY
Zoning & alternative use
GM · Buena Vista, VA
Zoning GM · permitted uses
GM · Buena Vista, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Buena Vista. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Lot
3.73 ac
Current owner
From public records · entity-resolved
Mark Stephen Funk II
Individual
Mailing address
715 MCCRORYS HL, VESUVIUS, VA 24483-2707
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jun 8, 2020
$52,000
Mark Stephen Funk II
Belle Grove LLC
Deed
$46,800 · Belle Grove LLC
Oct 19, 2017
$185,000
Belle Grove LLC
Amanda S Redi Mix LLC
Deed
—
Sep 16, 2011
$44,000
Amandas Redimif LLC
Fitzgerald Lumber & Long Co INC
Deed
$103,000 · Richard Breeden
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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