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Property profile & analytics
OFF-MARKET
Estimated value
$11,950,000
Commercial real estate
Lee Hwy Glade Spring, VA 24340
Entity Owned
2-yr Hold
Free & Clear
Property ID
US87-1888630
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2000
Total area
3,960 SF
Lot
3.91 ac (170,320 SF)
Zoning code
B2 BUSINESS GENERAL
APN
070A 11 5
UPID
US87-1888630
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
$11.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.95M
Owner & transaction history
Lvgsva001 LLC · 2 yrs held
Lvgsva001 LLC
since 2024
Last sale
$12.0M
3 recorded transactions
Zoning & alternative use
B2 BUSINESS GENERAL · Glade Spring, 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 Glade Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glade Spring 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
$11,950,000
ML approach
$11,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.95M
Range $10.76M – $13.15M · ±10% · vs last sale $11.95M (Jun 13 2024)
Last sale anchor
$11.95M
Jun 13 2024
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
$3,018 / 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
Property tax & assessments
Assessed value
$486,500
Assessed 2024
Previous assessed
$486,500
+0.0% YoY
Assessed land
$195,500
Assessed improvement
$291,000
Land market value
$195,500
Improvement market value
$291,000
Total market value
$486,500
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
2000
Heating
FORCED AIR
Stories
1
Rooms
3
Bathrooms
1
Total area
3,960 SF
Lot
3.91 ac (170,320 SF)
Zoning code
B2 BUSINESS GENERAL
APN
070A 11 5
UPID
US87-1888630
Jurisdiction
WASHINGTON
Zoning & alternative use
B2 BUSINESS GENERAL · Glade Spring, VA
Zoning B2 BUSINESS GENERAL · permitted uses
B2 BUSINESS GENERAL · Glade Spring, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glade Spring. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
FORCED AIR
Stories
1
Rooms
3
Bathrooms
1
Lot
3.91 ac
Current owner
From public records · entity-resolved
Lvgsva001 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
15336 N HIGH MDW TRL STE #4140, BRISTOL, VA 24202-5083
Ownership since
2024
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 13, 2024
$11,950,000
Lvgsva001 LLC
Cardinal Travel Center LLC
Special Warranty Deed
—
Sep 9, 2022
$2,248,000
Lambert Family Holdings LLC
The Estate Of Jerry B Lewis
Special Warranty Deed
—
Jul 28, 2021
$189,000
Charles A Culp
Uneva C Osborne
Warranty 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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