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    OFF-MARKET
    Lifestyle centers

    14830 Spotswood Trl, Elkton, VA 22827

    1,923 SF 1 ac lot Built 1994
    Property ID
    Property summary
    AI-generated overview

    This 1,923-square-foot vacant shopping center in Elkton, Virginia, presents a unique investment opportunity. Located on Spotswood Trail, this single-story, Class B building sits on a one-acre lot and is an outparcel to a Food Lion shopping center, offering high visibility and convenient access off Route 33. Built in 1994, the property is currently vacant, allowing for renovation or redevelopment to suit a variety of commercial uses. The asking price is $495,000, which is $53,000 below the assessed value. The property's location offers excellent proximity to numerous established businesses, including Virginia ABC, Burger King, Advance Auto Parts, Verizon, and more, ensuring a strong customer base. Potential uses could include a brewery, food service establishment, or other retail ventures. The property offers 24-hour access and is conveniently located near Massanutten Resort amenities. This versatile property is available for sale or lease, making it an attractive option for both investors and entrepreneurs seeking a prime location in a thriving community. The property's size and location make it ideal for a variety of commercial uses.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1994
    Total area 1,923 SF
    Lot 1 ac (43,560 SF)
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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