Property profile

128 Davis St Culpeper, VA 22701

OFF-MARKET
Other commercial real estate
Property ID
US87-1205609
4,296 SF 0.05 ac lot Built 1953
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

The property consists of two fully renovated buildings on Davis Street in historic downtown Culpeper, configured as a hospitality and food-and-beverage use campus. The first building houses a restaurant with additional decorative murals by Italian artist Davido Rodoquino on the exterior/interior as part of the building’s visual character; above the restaurant is a two-bedroom luxury apartment overlooking Davis Street. The second building includes an additional restaurant space with lodging accommodations above, identified as the Thyme Inn, which is a collection of three suites; one suite includes a balcony providing views of the surrounding mountains. The two buildings are connected by a covered alleyway that supports conditioned outdoor dining in the covered area and extends guest seating beyond interior spaces. Overall, the site combines street-level food service with above-level guest and residential accommodations within two renovated structures, and the buildings are designed as a cohesive, shared-use hospitality setup that can support an owner-operator or investment use based on the existing operational configuration.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1953
Total area 4,296 SF
Lot 0.05 ac (2,375 SF)
Zoning code C2
APN 41-A2- 1-F1- 5
UPID US87-1205609

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

128 Davis St Culpeper, VA 22701-3012
Culpeper metro Census 930400 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$280k

Owner & transaction history

since 2005
4 recorded transactions
2016
Price N/A
2007
Price N/A
2005
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Culpeper, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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