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    Property profile & analytics

    120 21St St Purcellville, VA 20132

    • Retail space
    • 1,921 SF
    • 0.10 lot acres
    For Sale
    View listing
    $750,000
    Value Estimation
    Last Sale
    May 14, 2021
    $525,000
    Location Intelligence
    Property ID
    US87-3536972
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Artaville Rugs and Upholstery / Rug Store / Carpet Cleaning Service

    Property Details for 120 21St St

    Year built
    1930
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.10 lot acres
    Property size
    1,921 SF
    Zone code
    PV:C4
    Property type
    Retail space
    APN
    488-37-5745-000
    APU
    488375745000

    Description

    This exceptional 1,921 square foot retail property, located at 120 N 21st Street in the heart of historic Purcellville, Virginia, presents a unique investment opportunity. Situated on a 0.1-acre lot, this charming storefront boasts an enviable location, just steps from popular attractions including Catoctin Creek Distillery, the historic Train Station, and the W&O Trail, ensuring high foot traffic and excellent visibility. The property features original tin ceilings, adding to its unique character and appeal. A significant advantage is the inclusion of a spacious walk-in cooler, ideal for various retail businesses. Large display windows maximize natural light and provide excellent opportunities for showcasing merchandise. Convenient rear parking is available for both owners and deliveries, addressing a common concern in downtown locations. The flexible floor plan allows for easy division into two separate units, each with access to shared facilities, providing potential for multiple income streams or expansion opportunities. Note that the existing wholesale inventory of rugs is sold separately. This property offers a blend of historic charm and modern convenience, making it an ideal location for a variety of retail ventures. The asking price is $750,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $535,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $540,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $565,000
      Geo Method
      $540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $465,000
      Retail
      $535,000
      Mixed-Use
      $580,000
      Hospitality
      $550,000
      Educational
      $515,000
      Residential Income
      $515,000
      Energy
      $585,000
      Income-Based Land
      $455,000
      Food Service
      $590,000

    Location Insight

    • Map
    • Local Demand
    City
    Purcellville
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.715
    Latitude
    39.1372
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,616
    $165,500
    $238,470
    $403,970
    -
    $165,500
    $238,470
    $403,970

    Comparable in this City

    • Value Estimation by Request
      100,000 SF

      745 Main St

      Individual retail properties • 100,000 SF
      745 Main St, Purcellville, VA 20132
      View Details
    • Value Estimation by Request
      15,280 SF

      144 21st St

      RETAIL STORES (PERSONAL SERVICES) • 15,280 SF
      144 21st St, Purcellville, VA 20132-5608
      View Details
    • Value Estimation by Request
      12,478 SF

      341st N Maple Avea

      RETAIL STORES (PERSONAL SERVICES) • 12,478 SF
      341st N Maple Avea, Purcellville, VA 20132-3139
      View Details
    • Value Estimation
      $3,040,000
      14,700 SF

      801 Main St

      RETAIL STORES (PERSONAL SERVICES) • 14,700 SF
      801 Main St, Purcellville, VA 20132-3131
      View Details
    • Value Estimation
      $350,000
      1,425 SF

      510 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,425 SF
      510 Main St, Purcellville, VA 20132-3171
      View Details
    • Value Estimation
      $380,000
      3,036 SF

      141 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,036 SF
      141 Main St, Purcellville, VA 20132
      View Details

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    120 21St St
    Purcellville, VA 20132
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    Realmo Value Estimation

    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.

    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.

    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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