121 W Piedmont St Culpeper, VA 22701
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.