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Property profile & analytics
OFF-MARKET
Hotels

10234 Orby Cantrell Hwy Pound, VA 24279-3320

690 SF 4.27 ac lot Built 1980
Entity Owned 7-yr Hold Free & Clear
Property ID
US87-1383654
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1980
Construction WOOD
Total area 690 SF
Lot 4.27 ac (185,914 SF)
APN R035191
UPID US87-1383654
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ss Kaur LLC · 7 yrs held
Ss Kaur LLC
since 2018
1 recorded transaction
2018
$120,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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