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Property profile & analytics
OFF-MARKET
Warehouses

8279 Richmond Tappahannock Hwy Aylett, VA 23009

1 SF Built 1940
Property ID
Property summary
AI-generated overview

This unique commercial property, located at 8279 Richmond Tappahannock Highway in Aylett, Virginia (zip code 23009), offers a blend of office and warehouse space totaling 1 square foot. Built in 1940, the building has undergone significant updates and upgrades in the past eight years, including new stone siding, windows, framing, and roofing. Electrical upgrades have also been completed, and a compressor room with compressor and lines running into the garage bays has been added. The property features a two-bay garage with overhead doors providing direct entry into the storefront area. Additional space includes a separate office, storage area, and restroom. Previously used as a car sales, garage, and service center, this property presents numerous possibilities for future use, such as general office space or an antique shop. The property enjoys excellent visibility, boasting a direct line of sight as one crosses the Mattaponi River Bridge into King William County. Note that this listing includes the building only; an adjacent home, listed separately for $75,000, is not included in this sale. The current tenant will vacate on December 31, 2023. The asking price for this property is $275,000.

Property profile
Verified
Property type Warehouses
Year built 1940
Total area 1 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
Current use
Occupant on record · Public records
  • MR. FIX IT AUTO REPAIR, LLC Auto Repair Shop
  • Endurance Auto Detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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