Property profile

10761 Thomas Nelson Hwy Lovingston, VA 22949

FOR SALE
Other office properties
Property ID
US87-3016305
5,072 SF 0.71 ac lot Built 1988
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property in Lovingston, Virginia consists of a convenience store, gas station, and on-site restaurant configured as a multi-use retail fuel-and-food site. It is situated along a highway corridor and sits on a 1.71-acre lot with an overall building size of 4,279 square feet. The zoning is B-1 Business. The premises include a fully equipped convenience store area, active fuel dispensing infrastructure, and a restaurant space. A second-floor apartment provides residential space with 2 bedrooms and 1 bathroom, which supports owner-operator or mixed-use occupancy. The site has been renovated in recent years and is maintained for operation consistent with its intended uses.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 1988
Construction FRAME
Total area 5,072 SF
Lot 0.71 ac (30,928 SF)
APN 58 A 7
UPID US87-3016305

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Accounting Firm Tax Preparation

Location

10761 Thomas Nelson Hwy Lovingston, VA 22949
Lovingston metro Census 950300 CHARLOTTESVILLE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2022
Last sale
$442,000
3 recorded transactions
2022
$442,000
2021
Price N/A
2015
$250,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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