10234 Orby Cantrell Hwy Pound, VA 24279-3320
This established 29-room motel in Pound, Virginia, presents a compelling investment opportunity. Situated on a 4.27-acre lot, the property boasts 40 parking spaces, catering to both short-term and extended-stay guests. While the rooms are described as cozy, they are not currently well-maintained, presenting a chance for renovation and increased profitability. The motel's convenient location near local attractions, shopping, and outdoor recreational areas ensures a steady stream of potential guests. The existing infrastructure provides a solid foundation for a successful hospitality business. With 20,000 square feet of building space, there's ample room for expansion or repurposing. The property's welcoming atmosphere and established clientele offer immediate revenue potential. This is an exceptional opportunity for an investor seeking to capitalize on the growing tourism sector in the region or to develop a unique hospitality venture. The asking price is $350,000. This represents a significant opportunity to acquire a substantial property in a desirable location with potential for significant return on investment. The property's size and location make it suitable for a variety of uses, beyond its current function as a motel.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.