Financial
Distress signals
Property profile

7 Bank Rd Washington, VA

FOR SALE
Commercial real estate
Property ID
US87-0706416
7,106 SF 1.81 ac lot Built 2003
Last sale Sep 2023 · $2,529,032
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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7 Bank Rd, Washington, VA For Sale
Contact for pricing 7,106 SF
7 Bank Rd, Washington, VA
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$1.38M
Assessed land$250k
Assessed improvement$1.13M
Effective rate0.61%

Value estimate

· Sep 2026
$2.72M
$2.44M – $2.99M
AI approach$2.68M
CAP approach$1.91M
NOI build-up
Gross scheduled income$474k
Vacancy & credit loss−$21k
Operating expenses−$136k
NOI · 9.43% cap applied$317k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$130/SF
County average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$93 – $187

Cap rate analysis

How does the asset earn?
9.43%
$317k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRAPPAHANNOCK

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility8.2
Furniture Store8.1
Convenience Store8.1

Location

7 Bank Rd Washington, VA
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Washington, VA 22747 $65,000 Jul 2025 No data
2 Leggett, Washington, VA 22747-9903 $1,300,000 Mar 2023 1,984 SF
Washington, VA 22747 $1,000,000 Dec 2019 5,768 SF
491 Main, Washington, VA 22747 $350,000 Oct 2019 3,840 SF
567 Mt Salem, Washington, VA 22747-1969 $700,000 Jul 2019 13,844 SF
12704 Lee, Washington, VA 22747-1932 $390,000 Jan 2019 2,588 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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