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    1202 N Royal Ave Front Royal, VA 22630

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    For Sale
    $750,000

    Mixed-use property with restaurant and apartments in high-traffic area.

    Lot size:
    0.18 Acres

    Property Features for 1202 N Royal Ave

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1962

    Source: Key Move Properties, LLC. Agent Susan L Laurence

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

    Overview

    Restaurant and Apartments Investment Opportunity

    This mixed-use property presents an investment opportunity, featuring a restaurant and four apartments. Situated in an established neighborhood of Front Royal, Virginia, the property benefits from a location in a high-traffic area. All units are currently leased on a month-to-month basis. The owner is responsible for all utilities at 1202 N Royal Ave. All restaurant equipment is included in the sale, with the exception of the walk-in cooler. The property will be subject to a 1031 Exchange. Showing requires 24-hour notice. The tax map numbers for all properties are 20A2 450 2 and 20A2 450 1.
    Insight Report Location Intelligence

    Current Use by Public Records

    Red Light Culinary ... Delivery Restaurant Cesar's Halace Handyman ... Handyman/Handywoman/Handyperson

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Front Royal
    County
    Warren
    State
    Virginia
    Longitude
    -78.1947234
    Latitude
    38.9333012

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with restaurant and apartments in high-traffic area.
    Where is this mixed-use property located?
    The property is located at 1202 N Royal Ave Front Royal, VA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Restaurant and 4 apartments included in the property; - High traffic location in Front Royal; - Investment opportunity with existing tenants
    (540) 671-7559
    Request Owner's contact information
    1202 N Royal Ave Front Royal, VA 22630
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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
    1202 N Royal Ave Front Royal, VA 22630
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