Financial
Distress signals
Property profile

903 Main St E Waynesboro, VA 22980

FOR SALE
Other commercial real estate
Property ID
US87-2503344
2,052 SF 1.88 ac lot Built 2001
Last sale Aug 2024 · $351,750
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This commercial property is located on East Main Street in downtown Waynesboro and comprises Lots 1–4a on a 2.35-acre site, with zoning split between Highway Business (H-B) and General Residential (RG-5). The majority of the property is zoned H-B, supporting commercial, retail, and office uses, while the back portion of Lot 4 is zoned RG-5, which allows for residential income, owner-occupancy, or mixed-use development potential. Improvements include a 3,552-square-foot doublewide office…

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?
$2k
Tax billed · 2023
Assessed value$256k
Assessed land$174k
Assessed improvement$81k
Effective rate0.77%

Value estimate

· Sep 2026
$225k
$203k – $248k
AI approach$225k

Realmo valuation models over county records.

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

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?
H-B
This district is established for the development of offices, hotels, service uses and similar businesses relying on close proximity to ma...
General categoryCOMMERCIAL
JurisdictionWAYNESBORO CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.8
Skin Care Clinic9.1
Plumbing Service9.1

Location

903 Main St E Waynesboro, VA 22980
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
340 Commerce, Waynesboro, VA 22980-5120 $269,000 May 2025 1,900 SF
134 Wayne, Waynesboro, VA 22980-4545 $279,000 Oct 2024 2,400 SF
1035 Broad, Waynesboro, VA 22980-4322 $275,000 Sep 2024 2,876 SF
1406 Main, Waynesboro, VA 22980-5904 $165,000 Aug 2024 2,307 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message