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Property profile & analytics
OFF-MARKET
Mixed-use properties

910 T.c. Northcott Blvd Luray, VA 22835

Property ID
Property summary
AI-generated overview

Exceptional investment opportunity in the Shenandoah Valley, Virginia. This 348+ acre property includes the established Caverns Country Club, featuring an 18-hole, par-72 golf course designed by Hal Purdy and lauded by Golf Digest readers. The 3,900 square foot clubhouse complements the course, which boasts a comprehensive irrigation system and maintenance barn. Over 100 county-approved lots in the adjacent Oh, Shenandoah development offer significant residential potential, accommodating various uses including single-family, multi-family, age-restricted housing, camps, campgrounds, and outdoor recreation. The property enjoys over 1.25 miles of Shenandoah River frontage. Its parkland setting, gently rolling fairways, and stunning mountain vistas create a picturesque landscape. Conveniently located 90 minutes from Washington, D.C., and less than 15 miles from Interstate 81, the property benefits from excellent access to major travel corridors and area attractions, including George Washington National Forest, Shenandoah National Park, and Luray Caverns (two miles away). Nearby amenities include grocery stores, pharmacies, national retailers, Lord Fairfax Community College, Page Memorial Hospital, and Luray Caverns Airport. The property's versatility presents a unique opportunity for redevelopment, potentially as a resort or lodging operation. Asking price: $8,500,000. 910 T.C. Northcott Blvd, Luray, VA 22835.

Property profile
Verified
Property type Mixed-use properties
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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