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    Market St Onancock, VA 23417

    For Sale
    $1,150,000

    76% occupied retail and healthcare building with long-term tenants.

    Property size:
    16,940 SF
    Lot size:
    2.44 Acres

    Property Features for Market St

    General Information

    Size
    16,940 SF
    Lot size
    2.44 Acres

    Source: SRS Real Estate Partners | McLean Agent Andrew Fallon

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

    Overview

    Retail and Healthcare Building For Sale

    The property at Market Street in Onancock, Virginia, is a retail and healthcare building offered for sale. The building is 76% occupied. Anchoring the property is DaVita Kidney Care, a national healthcare provider with approximately 5 years remaining on its current lease and three 5-year renewal options. Additional tenants include NeuBeam, with 2.8 years remaining, and V’Lona’s Unique Venue on a month-to-month lease. The leases are structured to provide minimal landlord responsibilities, offering a low-management opportunity for investors seeking long-term income stability in a health and service-oriented asset. The property has a total size of 16940 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Medical centers

    Map

    City
    Onancock
    County
    Accomack
    State
    Virginia
    Longitude
    -75.749506
    Latitude
    37.712088

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    FAQs

    What type of property is this?
    Shopping center - 76% occupied retail and healthcare building with long-term tenants.
    Where is this shopping center located?
    The property is located at Market St Onancock, VA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Anchored by DaVita Kidney Care, a national healthcare provider, with approximately 5 years remaining on the current lease and three (5-year) renewal options.; - 76% occupied retail and healthcare building.; - Low-management opportunity due to minimal landlord responsibilities.
    (202) 286-1542
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    Market St Onancock, VA 23417
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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
    Market St Onancock, VA 23417
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