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    675 Laurel St Culpeper, VA 22701

    For Sale
    $580,000

    1-Acre Lot, R-1 Zoning, High Potential

    Property size:
    3,216 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 1-acre parcel at 675 Laurel Street in Culpeper, Virginia, presents a unique commercial redevelopment opportunity. Currently zoned R-1, the property boasts significant potential for rezoning to commercial, mixed-use, or business uses, aligning perfectly with the Town of Culpeper's Comprehensive Plan and Strategic Vision Plan 2020. The strategic location, just 800 feet from the intersection of Laurel Street and US-29 BUS/Madison Road, ensures high visibility and accessibility. Surrounding properties are already zoned for commercial, multi-family residential, and light industrial uses, further supporting the viability of this project. The 3,216 square foot single-family dwelling currently on the site offers flexibility for immediate use or future demolition. The sale is contingent upon successful commercial rezoning. This property represents a compelling investment for developers seeking a prime location with strong potential for future growth and profitability in a thriving community. The property's size and location make it ideal for a variety of commercial ventures. Prospective buyers should conduct their own due diligence regarding rezoning possibilities and potential development costs. All information provided is deemed reliable but not guaranteed.

    Property Features for 675 Laurel St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,216 SF
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -78.01614
    Latitude
    38.4567

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    FAQs

    What type of property is this?
    Commercial real estate - 1-Acre Lot, R-1 Zoning, High Potential
    Where is this commercial real estate located?
    The property is located at 675 Laurel St Culpeper, VA.
    What is the asking price?
    The asking price for this property is $580,000.
    (540) 825-3400
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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
    675 Laurel St Culpeper, VA 22701
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