Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    114 W COURT St 102 Woodstock, VA 22664

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,195 /Mo

    Newly renovated retail space in downtown Woodstock with included utilities.

    Type:Commercial
    Property size:
    600 SF
    Added:
    Apr 24, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 24 at 8:32 pm

    Property Features for 114 W COURT St 102

    General Information

    Standard status
    Active
    Size
    600 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Nathan A Gochenour
    Nathan A Gochenour

    Listing agent Nathan A Gochenour License #0225207271

    Listing office Skyline Team Real Estate

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Skyline Team Real Estate

    Overview

    Downtown Woodstock Retail Space Available

    This is a newly renovated business professional or retail space conveniently located in the heart of downtown Woodstock. The space is within walking distance to the Circuit Courthouse, Lawyer Row, and restaurants. It features high ceilings, luxury vinyl plank flooring, and HVAC. A personal kitchenette and restroom are included. Water, sewer, and common internet are included in the monthly rent. Parking is public on street. An adjoining 600 square foot office space is also available if more space is needed. The bike score is 29, indicating it is somewhat bikeable, and the walk score is 34, indicating it is car-dependent.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodstock
    County
    Shenandoah
    State
    Virginia
    Longitude
    -78.5049378
    Latitude
    38.8814329

    Nearby Similar for Lease

    • $1,195/Mo

      Downtown Woodstock Commercial Space Available

      Newly renovated commercial space in the heart of Woodstock, Virginia.
      114 W COURT Street, WOODSTOCK, VA 22664
      View Details
    • $1,195/Mo

      Downtown Woodstock Commercial Space Available

      Newly renovated commercial space in the heart of Woodstock, Virginia.
      114 W COURT Street, WOODSTOCK, VA 22664
      View Details
    • $2,250/Mo

      Versatile Commercial Space in Woodstock

      Commercial suite with private offices in downtown Woodstock, Virginia.
      110 E HIGH Street, WOODSTOCK, VA 22664
      View Details
    • $1,400/Mo

      Prime Main Street Commercial Space

      Highly visible storefront in downtown Woodstock, suitable for various businesses.
      119 N MAIN Street, WOODSTOCK, VA 22664
      View Details
    • $1,195/Mo

      Downtown Woodstock Retail/Office Space

      Renovated retail/office space in downtown Woodstock with kitchenette.
      114 W Court St #103, WOODSTOCK, VA 22664
      View Details
    • $1,195/Mo

      Downtown Woodstock Retail/Office Space

      Newly renovated retail/office space in downtown Woodstock.
      114 W Court St #102, WOODSTOCK, VA 22664
      View Details
    • $1,195/Mo

      Retail Space For Rent

      Retail space available for rent in Woodstock, Virginia.
      114 W Court St #102, Woodstock, VA 22664
      View Details
    • $2.00 SF/Yr

      Downtown Woodstock Office Suite

      Charming office suite in downtown Woodstock's historic brick building.
      110 E HIGH St, Woodstock, VA 22664
      View Details
    • $1,450/Mo

      Commercial Garage Space for Rent

      Commercial-zoned garage suitable for business, storage, or light mechanic shop.
      321 W Spring St, WOODSTOCK, VA 22664
      View Details
    • $7 SF/Yr

      Regional Shopping Center Space Available

      Grocery anchored shopping center with regional and local tenants.
      1029 S Main St, Woodstock, VA
      View Details
    • Contact for pricing

      Retail Space in Shenandoah Square

      Neighborhood center anchored by Food Lion, Peebles, and Family Dollar.
      1001 S Main St, Woodstock, VA
      View Details
    • $10 SF/Yr

      Prime Retail Space in Woodstock

      22,490 SF retail space in Downtown Woodstock, Virginia.
      752 S Main St, Woodstock, VA
      View Details

    FAQs

    What type of property is this?
    Retail space - Newly renovated retail space in downtown Woodstock with included utilities.
    Where is this retail space located?
    The property is located at 114 W COURT St 102 Woodstock, VA.
    What is the lease rate?
    The lease rate is $1,195 /Mo.
    What are key features of this property?
    This property features: Prime Downtown Woodstock Location: Walk to the Circuit Courthouse, Lawyer Row, and restaurants.; Newly Renovated Space: Features high ceilings and luxury vinyl plank flooring.; All‑Inclusive Rent: Monthly rent includes water, sewer, and common internet.
    (540) 325-4062
    We can help!
    Listing Contact
    Nathan A Gochenour
    Nathan A Gochenour
    Real Estate License ID: 0225207271
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!