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    151 Baker St Emporia, VA 23847

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    For Sale
    $140,000

    Office building in downtown Emporia, leased until 2026.

    Property size:
    1,987 SF
    Lot size:
    0.05 Acres

    Property Features for 151 Baker St

    General Information

    Size
    1,987 SF
    Lot size
    0.05 Acres

    Source: Commonwealth Commercial Agent Scott Pittman

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

    Overview

    Downtown Emporia Office Investment

    This office building, originally constructed in 1950 and renovated in 1980, offers an investment opportunity in downtown Emporia. The property features 1,987 square feet of space. The roof was repainted in 2023. HVAC is provided by mini-split units installed in 2019. The property benefits from excellent visibility and signage opportunities. Parking is available at the rear of the building. The property is currently leased until February 2026 at a rate of $1,700 per month gross.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Emporia
    County
    Greensville
    State
    Virginia
    Longitude
    -77.5372624
    Latitude
    36.6936182

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    FAQs

    What type of property is this?
    Office building - Office building in downtown Emporia, leased until 2026.
    Where is this office building located?
    The property is located at 151 Baker St Emporia, VA.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Leased until February 2026 at $1,700/month gross, providing immediate income.; - Affordable investment opportunity with a sale price of $144,000.; - Excellent visibility with signage opportunity in Downtown Emporia.
    (804) 346-4966
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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
    151 Baker St Emporia, VA 23847
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