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Property profile

402 Augusta Ave Grottoes, VA 24441

OFF-MARKET
Retail space
Property ID
US87-2444571
0.15 ac lot Built 1970
Last sale Nov 2022 · $330,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This property is a 3,565 square foot retail/commercial space in Grottoes configured with a broad customer-facing area, private rooms, and office areas. It includes storefront windows, a covered entrance walkway, and a freestanding sign, and it is laid out to support an operating storefront and interior office uses. The site is positioned on Augusta Avenue with ample paved parking and customer access from the roadway. The property is zoned B-1, which supports retail, professional service, office, showroom, and other commercial uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$910
Tax billed · 2024
Assessed value$134k
Assessed land$27k
Assessed improvement$106k
Effective rate0.68%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$315k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
GENERAL BUSINESS DIST
JurisdictionROCKINGHAM

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 agency14.7
Building Supply12.5
Dental Office11.9

Location

402 Augusta Ave Grottoes, VA 24441
County assessor Recorded deeds · 3 transfers 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
200 Augusta, Grottoes, VA 24441-2402 $450,000 Jul 2025 No data
501 Aspen, Grottoes, VA 24441 $80,000 Feb 2025 No data
106 6th, Grottoes, VA 24441-1735 $1,703,226 Sep 2023 No data
404 Augusta, Grottoes, VA 24441 $325,000 Nov 2022 No data
600 Augusta, Grottoes, VA 24441-2406 $251,000 Nov 2022 No data
700 Dogwood, Grottoes, VA 24441-1746 $55,000 Feb 2022 No data
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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