675 Laurel St Culpeper, VA 22701
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.