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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
Locust Ave Buena Vista, VA 24416
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-3060638
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Lot
1.09 ac (47,306 SF)
Zoning code
GM
APN
11- 1- 6-45- A
UPID
US87-3060638
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
Rehl Estate Ltd · 4 yrs held
Rehl Estate Ltd
since 2022
Last sale
$277,000
1 recorded transaction
Zoning & alternative use
GM · Buena Vista, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The primary purpose of this district is to establish and preserve areas within the city that are suitable for business and industrial operations, which may create some nuisance, and which are not properly associated with, nor particularly compatible with residential, institutional, and commercial service establishments.
Zone name
General Manufacturing
General category
INDUSTRIAL
Zone area
403.00 ac
Source
Realmo
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
$67,500
Assessed 2024
Previous assessed
$67,500
+0.0% YoY
Assessed land
$67,500
Land market value
$67,500
Total market value
$67,500
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Lot
1.09 ac (47,306 SF)
Zoning code
GM
APN
11- 1- 6-45- A
UPID
US87-3060638
Jurisdiction
BUENA VISTA CITY
Zoning & alternative use
GM · Buena Vista, VAZoning 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
Zoning description
The primary purpose of this district is to establish and preserve areas within the city that are suitable for business and industrial operations, which may create some nuisance, and which are not properly associated with, nor particularly compatible with residential, institutional, and commercial service establishments.
Zone name
General Manufacturing
General category
INDUSTRIAL
Zone area
403.00 ac
Source
Realmo
Building & site characteristics
From public records
Lot
1.09 ac
Current owner
From public records · entity-resolved
Rehl Estate Ltd
Individual
Free & Clear · 4 yrs held
Mailing address
1068 LANG FARM RD NE, MARIETTA, OH 45750-6981
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
$277,000
Rehl Estate Ltd
Brandt Technologies LLC
Bargain And Sale 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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