Financial
Distress signals
Property profile

1137 Richmond Ave Staunton, VA 24401

FOR SALE
Commercial real estate
Property ID
US87-2428473
8.07 ac lot
Last sale Dec 2022 · $1,405,500
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 8.07-acre commercial parcel in Staunton, Virginia, presents a remarkable investment opportunity. Strategically located just 0.6 miles from Interstate 81 exit 222, this B2-zoned land boasts unparalleled accessibility. With over 26,000 vehicles passing daily on Richmond Avenue, the property offers exceptional visibility and high traffic counts, ensuring maximum exposure for any business. The site is surrounded by established national retailers, guaranteeing a thriving…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$1.43M
Assessed land$1.43M
Effective rate0.89%

Value estimate

· Sep 2026
$1.52M
$1.37M – $1.67M
AI approach$1.53M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$59 – $145

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?
B2
JurisdictionSTAUNTON CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.4
Parking Facility9.8
Hair Salon9.2

Location

1137 Richmond Ave Staunton, VA 24401
County assessor Recorded deeds · 1 transfer 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
1710 1st, Staunton, VA 24401 $18,000 Feb 2026 No data
1008 Richmond, Staunton, VA 24401-4904 $4,721,000 May 2025 No data
1006 Richmond, Staunton, VA 24401-4904 $925,000 May 2025 No data
316 New Hope, Staunton, VA 24401-9162 $500,000 Apr 2025 6,444 SF
312 New Hope, Staunton, VA 24401 $210,000 Apr 2025 4,650 SF
352 Statler, Staunton, VA 24401 $210,000 Apr 2025 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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