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    10290 John Clayton Memorial Hwy Gloucester, VA 23061

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    For Sale
    $299,000

    Retail space on a corner lot with high traffic volume.

    Property size:
    1,068 SF
    Lot size:
    0.74 Acres

    Property Features for 10290 John Clayton Memorial Hwy

    General Information

    Size
    1,068 SF
    Lot size
    0.74 Acres

    Source: One South Commercial Agent Justin Sledd

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

    Overview

    Retail Property with Development Potential

    This retail property is situated on a corner lot and benefits from high traffic volume. It features 11 paved off-street parking spaces. The property also presents development potential. The building has a size of 1068 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Auto Repair Shop Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester
    County
    Gloucester
    State
    Virginia
    Longitude
    -76.4551538
    Latitude
    37.4667864

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    FAQs

    What type of property is this?
    Retail space - Retail space on a corner lot with high traffic volume.
    Where is this retail space located?
    The property is located at 10290 John Clayton Memorial Hwy Gloucester, VA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - High traffic volume; - Corner lot retail; - Development potential
    (804) 353-0009
    Request Owner's contact information
    10290 John Clayton Memorial Hwy Gloucester, VA 23061
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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
    10290 John Clayton Memorial Hwy Gloucester, VA 23061
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