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Property profile & analytics
OFF-MARKET
Commercial real estate

1944 Shenandoah Xing Dr Gordonsville, VA 22942-7341

0.47 ac lot
Entity Owned 7-yr Hold Free & Clear
Property ID
US87-1328633
Property summary
AI-generated overview

This exceptional 131-acre property in Gordonsville, Virginia presents a unique investment opportunity. Currently operating as the highly-rated Raptors Roost Disc Golf course – a top destination in the state – this former 18-hole golf course, designed by Raymond F. Loving, Jr., opened in 1991 and closed in 2014 before its revitalization in 2019. The course boasts excellent reviews and is situated within a naturally beautiful, wooded setting. Significant development potential exists, with plans underway for the construction of single-family homes and villas on the surrounding land. A substantial water and sewer upgrade is currently in progress to support this future residential development. The property also includes a clubhouse featuring a pub and pro shop, offering ample space for expansion to accommodate weddings and special events, complementing the nearby Shenandoah Crossing resort. This property offers a blend of established recreational use and significant future development potential, making it an attractive investment for discerning buyers. The property's location near the Shenandoah Crossing resort further enhances its appeal and potential for growth. This is a rare opportunity to acquire a large parcel of land with existing income and substantial future development possibilities.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.47 ac (20,343 SF)
APN 10 17H
UPID US87-1328633
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
Current use
Occupant on record · Public records
  • New Homes At The Crossing,L.L.C Construction Company General Contractor
  • Ever After at Shenandoah Crossing LLC Hotel & Motel Resort
  • Raptors Roost Disc Golf Golf Course
  • Mac's Kitchen & Catering Restaurant
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
Dudley Rentals LLC · 7 yrs held
Dudley Rentals LLC
since 2018
5 recorded transactions
2019
Price N/A
2018
Price N/A
2018
$90,480
2012
$110,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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