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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Commercial real estate
2002 Orange Rd, Culpeper, VA 22701-4170
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US87-1140009
Property summary
AI-generated overview
This 2,000 square foot office suite, located in Suite 106 of an 8,000 square foot building at 2002 Orange Road, Culpeper, VA 22701, is available for lease. The building is a two-story structure situated on busy Route 15 (Orange Road), offering convenient access to Routes 29 and 522, as well as Business 15 and Business 29. The property benefits from a central location, just minutes from Culpeper's historic downtown. Ample parking is available. The suite and building have undergone complete renovations and updates. Current building tenants include two doctors' offices and a church office. The space is adaptable and can be subdivided to create a shared workspace. The monthly rent is $2,000, approximating $12 per square foot. All common area maintenance (CAM) charges, taxes, insurance, garbage removal, water, sewer, and snow removal are included in the rent. The tenant is solely responsible for electricity and internet expenses.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1964
Total area
4,080 SF
Lot
0.58 ac (25,047 SF)
Zoning code
R1
APN
50-B - 1- - 7
UPID
US87-1140009
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hope Community Church of the Nazarene Church
-
Dr. Daniel E. Halpert, DO Physician
-
Children's Cardiac Care - Dr. Amir Dangol Pediatrician Medical Clinic
-
UVA Health Children's Cardiac Care, LLC Medical Clinic
-
Advanced Medical Sports and Spine Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$910k
Owner & transaction history
Baruchjoe LLC · 13 yrs held
Baruchjoe LLC
since 2012
1 recorded transaction
Zoning & alternative use
R1 · Culpeper, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Culpeper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Culpeper submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,185,000
6.5%
$1,095,000
7%
$1,015,000
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$223 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,210
Tax year 2023
Assessed value
$697,900
Assessed 2023
Previous assessed
$697,900
+0.0% YoY
Effective rate
0.46%
On assessed value
Assessed land
$100,000
Assessed improvement
$597,900
Land market value
$100,000
Improvement market value
$597,900
Total market value
$697,900
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1964
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
2
Bathrooms
2
Total area
4,080 SF
Lot
0.58 ac (25,047 SF)
Zoning code
R1
APN
50-B - 1- - 7
UPID
US87-1140009
Jurisdiction
CULPEPER
Zoning & alternative use
R1 · Culpeper, VA
Zoning R1 · permitted uses
R1 · Culpeper, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Culpeper. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Baruchjoe LLC
Entity
Mailing address
2002 ORANGE RD STE #201, CULPEPER, VA 22701-4175
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2012
$310,000
Baruchjoe LLC
Musselman,ronald S & Ellen T
Grant Deed
$360,000 · Branch Banking & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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