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Property profile & analytics

400 Poplar Ave Waynesboro, VA 22980

  • Commercial real estate
  • 3,650 SF
  • 0.89 lot acres
Value Estimation
Last Sale
Aug 01, 2023
$64,500
Location Intelligence
Property ID
US87-2713314
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

  • Commercial real estate

Property Details for 400 Poplar Ave

Year built
1988
Construction
LIGHT FRAME
Lot size
0.89 lot acres
Property size
3,650 SF
Zone code
H-B
Property type
Commercial real estate
APN
35 6 - 21
APU
35621

Description

This vacant, 3,650 square foot car wash in Waynesboro, VA, is available for $429,000. Built in 1988 and renovated in 2023, this single-story building sits on a 0.89-acre lot (APN 35-6-21) and is zoned H-B. The property includes three self-service wash bays, an office with a waiting area, a fully automated wash bay, self-service interior vacuum stations, and a large paved lot. Its prime location on N Poplar Ave offers excellent visibility and accessibility in a high-traffic area near a Walmart, bank, and popular restaurant. The self-pay stations allow for 24-hour self-service operation, or with attendants, higher-dollar custom services and detailing could be offered. This is a unique opportunity to acquire both the business and the real estate, ensuring long-term stability and control. The property's existing reputation and customer base provide immediate income potential, while the potential for expansion and diversification offers substantial growth opportunities. This is a turnkey operation ready for a new owner to capitalize on its potential. The property is currently vacant, presenting a chance to immediately implement your business plan.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $70,000
  • CAP approach

    CAP return
    Estimation
    6%
    $50,000
    6.5%
    $50,000
    7%
    $50,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $55,000
    Geo Method
    $50,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $50,000
    Retail
    $50,000
    Mixed-Use
    $45,000
    Hospitality
    $40,000
    Educational
    $45,000
    Residential Income
    $50,000
    Energy
    $40,000
    Income-Based Land
    $50,000
    Food Service
    $50,000

Location Insight

  • Map
  • Local Demand
City
Waynesboro
County
Waynesboro City
State
Virginia
Longitude
-78.8949
Latitude
38.0738
CBSA code
44420
CBSA name
STAUNTON-WAYNESBORO, VA MICROPOLITAN 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
2023
$3,390
$234,300
$206,000
$440,300
-
$234,300
$206,000
$440,300
More about this property
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