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Property profile & analytics

1151 Tappahannock Blvd Tappahannock, VA 22560-9308

  • Grocery and convenience stores
  • 2,160 SF
  • 0.50 lot acres
OFF-MARKET
Value Estimation
$425,000
Last Sale
Oct 30, 2020
$415,000
Location Intelligence
Property ID
US87-3331422
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Exxon / Gas Station
  • ATM (E & C Enterprises Inc) / Atm

Property Details for 1151 Tappahannock Blvd

Year built
1980
Lot size
0.50 lot acres
Property size
2,160 SF
Zone code
CG2
Property type
Grocery and convenience stores
APN
37 1A
APU
371A

Description

This exceptional 0.5-acre commercial property, located at 1151 Tappahannock Blvd in Tappahannock, Virginia (zip code 22560), presents a lucrative investment opportunity. The property boasts a 2,561 square foot building currently configured as an Exxon Gas/Convenience Center, offering significant potential for continued operation or redevelopment. Its B-1 zoning allows for a variety of commercial uses, making it highly adaptable to diverse business needs. Situated in Essex County, this location benefits from excellent visibility and accessibility, ensuring high traffic flow. The asking price is $1,550,000. The property's existing structure provides a solid foundation for immediate income generation, while the expansive lot size offers ample room for expansion or future development. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Virginia market. Serious inquiries are encouraged to explore the full potential of this remarkable asset. The property is classified as both retail and land, and includes an existing auto shop component. The property is conveniently located in Tappahannock, VA.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $420,000
  • CAP approach

    CAP return
    Estimation
    6%
    $460,000
    6.5%
    $440,000
    7%
    $430,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $455,000
    Geo Method
    $440,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $490,000
    Retail
    $460,000
    Mixed-Use
    $450,000
    Hospitality
    $395,000
    Educational
    $450,000
    Residential Income
    $400,000
    Energy
    $495,000
    Income-Based Land
    $405,000
    Food Service
    $460,000

Location Insight

  • Map
  • Local Demand
City
Tappahannock
County
Essex
State
Virginia
Longitude
-76.8593
Latitude
37.9161

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,034
$307,860
$518,783
$826,643
-
$307,860
$518,783
$826,643
More about this property
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