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Property profile & analytics
FOR SALE
Commercial real estate

121 W Piedmont St Culpeper, VA 22701

0.29 ac lot
Property ID
US87-3159714
Property summary
AI-generated overview

This exceptional 0.29-acre commercial lot presents a unique investment opportunity in the heart of Culpeper, Virginia. Situated just one block from Main Street and four blocks from the vibrant Davis Street, this property offers unparalleled access to shopping, dining, and the town's bustling atmosphere. The lot is zoned for development and presents exciting possibilities for a variety of commercial ventures. Preliminary research has already been conducted for a three-story boutique hotel, capitalizing on Culpeper's growing tourism sector and the desirability of its historic downtown. Alternatively, the lot is well-suited for the construction of a duplex, catering to the increasing demand for residential units in this thriving community. The property boasts existing water and sewer tap connections, significantly streamlining the development process and reducing initial infrastructure costs. This prime location, combined with the existing utilities and the potential for diverse development, makes this a truly exceptional opportunity for discerning investors seeking a high-return project in a desirable Virginia town. The property's proximity to key amenities and its potential for high-density development make it an attractive proposition for both short-term and long-term investment strategies. Don't miss this chance to acquire a piece of Culpeper's vibrant future. The asking price is $325,000.

Property profile
Verified
Property type Commercial real estate
Lot 0.29 ac (12,632 SF)
UPID US87-3159714
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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