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    301 West St Culpeper, VA 22701

    For Sale
    $775,000

    Prime Location, High Potential, Two Lots

    Property size:
    4,044 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 4,044 square foot office building, situated on a 0.48-acre corner lot in the heart of downtown Culpeper, Virginia, presents a unique investment opportunity. Currently configured as a well-maintained professional office space, its history as an apartment building offers significant redevelopment potential. The property boasts generous off-street parking, a highly desirable feature in this vibrant commercial district. Its central location places it within easy reach of the city's judicial and government sectors, making it ideal for a variety of professional uses. The property's two lots provide the added benefit of allowing for the construction of another similar structure, significantly increasing its overall value and potential return on investment. This prime downtown location, combined with the flexibility of its existing structure and the potential for future development, makes this a truly exceptional offering. The building's excellent condition and its strategic placement within a bustling commercial area ensure strong potential for both immediate income generation and long-term appreciation. The two lots offer significant expansion possibilities, allowing for future growth and adaptation to changing market demands. This property represents a rare opportunity to acquire a well-established asset with substantial upside potential in a thriving downtown setting. The combination of location, size, and development potential makes this a truly compelling investment.

    Property Features for 301 West St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,044 SF
    Lot Size
    20,909 SF

    Building Details

    Year Built
    1952
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Culpeper
    County
    Culpeper
    State
    Virginia
    Longitude
    -77.99808
    Latitude
    38.4722

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, High Potential, Two Lots
    Where is this office property / space located?
    The property is located at 301 West St Culpeper, VA.
    What is the asking price?
    The asking price for this property is $775,000.
    (540) 341-1000
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    301 West St Culpeper, VA 22701
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    Culpeper, VA 22701
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    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
    301 West St Culpeper, VA 22701
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