Financial
Distress signals
Property profile

150 Race Ave Waynesboro, VA 22980

OFF-MARKET
Commercial real estate
Property ID
US87-2987168
3,928 SF 0.39 ac lot
Last sale Feb 2025 · $268,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$756
Tax billed · 2023
Assessed value$98k
Assessed land$55k
Assessed improvement$43k
Effective rate0.77%

Value estimate

· Sep 2026
$350k
$315k – $385k
AI approach$320k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
ZIP average, outlier-cleaned · 117 recorded sales of this use type
Observed band · Q1–Q3$54 – $177
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-B
This district is established to encompass the retail, office and residential core of downtown Waynesboro and is established to encourage ...
General categoryCOMMERCIAL
JurisdictionWAYNESBORO CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.7
Garden Center13.7
Gym & Fitness12.6

Location

150 Race Ave Waynesboro, VA 22980-4888
County assessor Recorded deeds · not on file 3 qualifying comp sales Zoning catalog

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
1462 Main, Waynesboro, VA 22980-5904 $400,000 Feb 2026 4,208 SF
550 Bayard, Waynesboro, VA 22980-2813 $60,000 Feb 2026 4,130 SF
1035 Broad, Waynesboro, VA 22980-4322 $275,000 Sep 2024 2,876 SF
200 Arch, Waynesboro, VA 22980-4612 $124,000 Aug 2024 3,200 SF
1011 Northgate, Waynesboro, VA 22980-3426 $261,000 May 2024 2,840 SF
5022 White Brg, Waynesboro, VA 22980 $268,500 Apr 2024 2,792 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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