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    Strasburg Va Strasburg, VA 22657

    • Retail properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Strasburg Va

    Property type
    Retail properties

    Description

    This exceptional retail opportunity presents 0.75 to 5 acres of pad sites available for sale or lease in the thriving Strasburg, Virginia market. Located in a major growth corridor, this property offers unparalleled access and visibility. The site boasts convenient proximity to Route 11, placing businesses within a mile of the highly trafficked Route 81 and the charming Strasburg Historic District, ensuring significant exposure to a large customer base. The strategic location benefits from existing and planned residential development directly behind the property, creating a built-in customer catchment area and promising future growth. This development presents a unique chance to establish a retail presence in a dynamic and expanding community. The flexible acreage options cater to a variety of business needs and expansion plans, allowing for customization to suit individual requirements. The property offers full access to Route 11, providing easy ingress and egress for customers and deliveries. This is an ideal location for businesses seeking high visibility and convenient access in a rapidly growing area of Shenandoah County, Virginia. The multiple tenancy option allows for flexibility in development and leasing strategies. This prime retail land presents a compelling investment opportunity with significant potential for long-term growth and profitability. The zip code is 22657.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Strasburg
    County
    Shenandoah
    State
    Virginia
    Longitude
    -78.357
    Latitude
    38.9995

    Comparable in this City

    • Value Estimation by Request
      8.62 Acres

      1937 Millner Rd

      Retail properties • 8.62 Acres
      1937 Millner Rd, Strasburg, VA 22657
      View Details
    • Value Estimation by Request
      3,072 SF

      4536 Strasburg Rd

      RESTAURANT • 3,072 SF
      4536 Strasburg Rd, Strasburg, VA 22657-5314
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    • Value Estimation by Request
      0.28 Acres

      Strasburg, VA 22657

      CHARITABLE ORGANIZATION • 0.28 Acres
      Strasburg, VA 22657
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    • Value Estimation by Request
      0.16 Acres

      Strasburg, VA 22657

      VACANT COMMERCIAL LAND • 0.16 Acres
      Strasburg, VA 22657
      View Details
    • Value Estimation by Request
      0.03 Acres

      Strasburg, VA 22657

      VACANT COMMERCIAL LAND • 0.03 Acres
      Strasburg, VA 22657
      View Details
    • Value Estimation by Request
      0.07 Acres

      Strasburg, VA 22657

      VACANT COMMERCIAL LAND • 0.07 Acres
      Strasburg, VA 22657
      View Details

    Similar Nearby for Sale

    • $350,000
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      Office Properties & Spaces • 3,256 SF
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    • $60,000
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      Strasburg, VA Residential Lot

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      Land For Sale

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    • $1,200,000
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      Prime Commercial Site in Strasburg

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      Strasburg Specialty Property for Sale

      Specialty property available for purchase in Strasburg, Virginia.
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    Similar Nearby for Lease

    • $2,600 /Mo

      Historic Retail Space in Strasburg

      Prime retail space in historic Strasburg building for lease.
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      187,000 SF

      Warehouse Space with Trailer Storage

      Distribution facilities featuring multiple loading options and trailer storage.
      2 Shenandoah Valley Dr, Strasburg, VA 22657
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    • Contact for pricing
      137,000 SF

      Distribution Facilities with Loading Docks

      Distribution facilities offering multiple loading options and trailer parking.
      1 Shenandoah Valley Dr, Strasburg, VA 22657
      View Details
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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