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Property profile & analytics
FOR SALE
Commercial real estate

10400 Courthouse Rd Spotsylvania, VA 22553

16,500 SF 1.92 ac lot
Entity Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US87-0139769
Property summary
AI-generated overview

Hilltop Plaza, located at 10400 Courthouse Road in Spotsylvania, VA, presents a compelling investment opportunity. This 16,500 square foot retail center sits on a 1.92-acre lot and is currently 100% leased, ensuring a consistent income stream. Strategically positioned at the intersection of Courthouse Road (Route 208) and Leavells Road, the property benefits from exceptional visibility and accessibility. With over 44,000 vehicles passing daily, this signalized intersection guarantees high traffic volume. The plaza's prime location is further enhanced by its proximity to major retailers including Giant Grocery Store, Honest One Auto, Taco Bell, Burger King, and McDonald's, creating a synergistic environment that attracts a substantial customer base. This established retail center offers a strong foundation for investors seeking a stable and profitable venture in a thriving Spotsylvania County community. The property's size, location, and current occupancy make it an attractive proposition for those interested in acquiring a well-established retail asset. Further details are available in the Offering Memorandum.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 16,500 SF
Lot 1.92 ac (83,635 SF)
Zoning code C2 - COMMERCIAL 2
APN 35-6-1
UPID US87-0139769
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
$2.69M
Comparable Approach Comparable
$2.23M
Blend (final) Blend
$2.70M
Owner & transaction history
Hilltop Plaza LLC · 23 yrs held
Hilltop Plaza LLC
since 2002
4 recorded transactions
2012
Price N/A
2010
Price N/A
2002
$2.5M
1997
Price N/A
Zoning & alternative use
C2 - COMMERCIAL 2 · Spotsylvania, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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