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Property profile & analytics
OFF-MARKET
Specialty properties

4261 Martin Dr Axton, VA 24054

11,800 SF 6.17 ac lot Built 1949
Property ID
Property summary
AI-generated overview

This exceptional 6.17-acre property in Axton, Virginia (24054), presents a unique investment opportunity. The main offering consists of four buildings totaling 11,800 square feet, including two stunning, two-story stone barns, perfectly suited for continued use as a wedding and events venue. The larger barn boasts 7,200 square feet of space, while the smaller barn offers 3,400 square feet, currently configured as a bridal suite complete with a full bath, Jacuzzi, and walk-in shower. The property features a total of seven half baths and two full baths. Both barns showcase beautiful vaulted ceilings and hardwood floors, creating a picturesque setting for events. A full kitchen, central heat and air, a propane furnace, and a dummy waiter are included. The property also includes a three-bedroom chalet, which requires some renovations. The property is zoned B2 and was built in 1949, with renovations completed in 2014. The 10,000 square feet of net rentable space offers ample room for various events, from weddings to corporate gatherings and family reunions. The property's rich history and charming aesthetic create an unforgettable experience for guests. This turnkey operation provides immediate income potential with the existing website and established clientele. The property's versatile layout allows for expansion and customization to meet evolving market demands. All information should be independently verified.

Property profile
Verified
Property type Specialty properties
Year built 1949
Total area 11,800 SF
Lot 6.17 ac (268,765 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
  • Axton Lodge the Pines Wedding Service
  • Axton Lodge's Rocky Knoll Barns Wedding Service
Value estimations
Realmo proprietary · 4 methods
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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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