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Property profile & analytics
OFF-MARKET
Industrial properties

108 Church Ln Tappahannock, VA 22560

1,894 SF 0.34 ac lot Built 1800
Individually Owned 6-yr Hold Free & Clear
Property ID
US87-3296826
Property summary
AI-generated overview

This exceptional commercial property, located at 108 S Church Lane in Tappahannock, Virginia, presents a unique investment opportunity. The 1,893 square foot building, classified as commercial, industrial, and residential, offers significant potential for a variety of uses. Originally constructed in 1983 and completely rebuilt from the studs that year, the structure boasts a two-story layout with three to four bedrooms and three full bathrooms. Its past use as a rental property speaks to its inherent income-generating capabilities. Situated on a lot with no acreage, the building enjoys high visibility and accessibility due to its prime location on Route 17. While some interior updating is recommended to maximize its value, this property represents a strong investment for those seeking a hands-on project with substantial return potential. The building's versatile zoning allows for a range of commercial and residential applications, making it an attractive option for both seasoned investors and first-time buyers. The asking price of $240,000 reflects the property's current condition and the significant upside potential after renovations. This is a chance to acquire a well-located property in a growing area, ready for its next chapter.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1800
Total area 1,894 SF
Lot 0.34 ac (14,985 SF)
Zoning code CC1
APN 32B 14 L 7
UPID US87-3296826
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Charles H Burton JR · 6 yrs held
Charles H Burton JR
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
CC1 · Tappahannock, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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