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    Property profile & analytics

    230 Boscawen St Winchester, VA 22601

    • Commercial real estate
    • 6,720 SF
    • 0.28 lot acres
    For Sale
    View listing
    $819,000
    Value Estimation
    Last Sale
    May 24, 2023
    $520,000
    Location Intelligence
    Property ID
    US87-1067795
    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

    • New Lifestyles / Mental Health Clinic / Psychologist
    • Holly House / Historical Landmark

    Property Details for 230 Boscawen St

    Year built
    1891
    Lot size
    0.28 lot acres
    Property size
    6,720 SF
    Zone code
    B1
    Property type
    Commercial real estate
    APN
    172-01-C- 1-
    APU
    17201C1

    Description

    This exceptional 7650+ sq ft property at 230 W Boscawen Street, Winchester, VA 22601, presents a unique redevelopment opportunity. Located in the heart of Historic Old Town, this iconic Federal-style building boasts stunning architectural details including wrought iron fencing, cathedral windows, a grand hardwood staircase, and a magnificent master fireplace. The property includes three floors and a substantial outdoor English courtyard, offering versatile potential. Imagine transforming this space into multifamily residences, professional offices, a historical residence, a bed and breakfast, or an events center – the possibilities are endless. The expansive courtyard provides ample space for urban gardening, building expansion, additional parking, or even a pool. This property is ideally situated within walking distance of Old Town amenities and offers off-street parking. Eligible for historical tax credits, this is a chance to restore a piece of Winchester's history while capitalizing on its prime location. Priced at $819,000, this is a legacy project for the discerning investor or developer seeking a truly remarkable undertaking. The property's size and location make it a rare find in the vibrant Winchester market. Don't miss this chance to own a piece of history and create something truly special.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $720,000

    • CAP approach

      CAP return
      Estimation
      6%
      $505,000
      6.5%
      $545,000
      7%
      $520,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $510,000
      Geo Method
      $530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $480,000
      Retail
      $560,000
      Mixed-Use
      $575,000
      Hospitality
      $605,000
      Educational
      $550,000
      Residential Income
      $500,000
      Energy
      $530,000
      Income-Based Land
      $465,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Winchester City
    State
    Virginia
    Longitude
    -78.1698
    Latitude
    39.1853
    CBSA code
    49020
    CBSA name
    WINCHESTER, VA-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
    $5,438
    $180,000
    $475,200
    $655,200
    -
    $180,000
    $475,200
    $655,200

    Comparable in this City

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      2252 Vly Ave

      COMMERCIAL (GENERAL) • 2,445 SF
      2252 Vly Ave, Winchester, VA 22601-2756
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      2820 Vly Ave

      COMMERCIAL (GENERAL) • 22,404 SF
      2820 Vly Ave, Winchester, VA 22601-2630
      View Details
    • Value Estimation by Request
      6,200 SF

      1818 Amherst St Ste, Unit 101

      COMMERCIAL (GENERAL) • 6,200 SF
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      View Details

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    Winchester, VA 22601
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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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