Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    11947 Lee Hwy Sperryville, VA 22740

    Sponsored
    For Sale
    $559,000

    MULTI_FAMILY - Cottage - SPERRYVILLE, VA

    Property size:
    1,260 SF
    Lot size:
    1.37 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 11947 Lee Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Driveway, Off Street
    Size
    1,260 SF
    Lot size
    1.37 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Ductless

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Vinyl Siding
    Architectural style
    Cottage

    Cheri Woodard Realty (540) 987-8500 [email protected]

    Listing agent Robert Glenn Chapman IV (703) 887-0895 License #0225261124

    Listing date Jan 8, 2026

    MLS# VARP2002446 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Generating Multi-Family Property

    Located on a 1.37-acre parcel in Sperryville, VA, this property offers a rare multi-family income-generating opportunity in Rappahannock County. The sale includes two structures at 11947 & 11951 Lee Hwy, containing four grandfathered residential units and one commercial unit. Additional income potential exists by finishing and leasing unused spaces, increasing rents to market rates, and renovating an old fruit stand on the property. Situated on highly traveled Route 211, near the Thornton Gap entrance to Shenandoah National Park, the location sees over 2 million vehicles annually. The property is zoned Highway Commercial, permitting various by-right uses, including short-term rentals, retail, food service, and hospitality. The property, totaling 1260 square feet, is serviced by electric, propane, a private well, town sewer, and high-speed internet. This investment opportunity is for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sperryville
    County
    Rappahannock
    State
    Virginia
    Longitude
    -78.23213
    Latitude
    38.65929

    Nearby Similar for Sale

    • $525,000

      Specialty Property For Sale

      Specialty property available for purchase.
      11961 Lee Hwy, Sperryville, VA 22740
      View Details
    • $980,000

      Specialty Property for Sale

      Specialty property available for purchase.
      3542 Slate Mills Rd, Sperryville, VA 22740
      View Details
    • $550,000
      2,226 SF

      Sperryville Commercial Space

      Prime Location, High Traffic Area
      11763 Lee Hwy, Sperryville, VA 22740
      View Details
    • $980,000
      4,824 SF

      Sperryville Mixed-Use Commercial Property

      Prime Location, High Tourist Traffic, 4,824 sq ft
      11669 Lee Hwy, Sperryville, VA 22740
      View Details

    FAQs

    What type of property is this?
    Quadplex - Rare multi-family and commercial income opportunity in Rappahannock County.
    Where is this quadplex located?
    The property is located at 11947 Lee Hwy Sperryville, VA.
    What is the asking price?
    The asking price for this property is $559,000.
    What are key features of this property?
    This property features: - Rare multi-family income property with four grandfathered residential units and one commercial unit.; - Highway Commercial zoning allows for diverse uses including short-term rentals, retail, food service, and hospitality.; - High-traffic location on Rt 211 near Shenandoah National Park entrance (2 million+ vehicles per year).
    (703) 887-0895
    Request Owner's contact information
    11947 Lee Hwy Sperryville, VA 22740
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11947 Lee Hwy
    Sperryville, VA 22740
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11947 Lee Hwy Sperryville, VA 22740
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.