Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    125 Prosperity Dr Winchester, VA 22602-5385

    • Commercial real estate
    • 20,494 SF
    • 3.00 lot acres
    OFF-MARKET
    Value Estimations
    $3,560,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-3630654
    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

    • Winchester Family Chiropractic / Alternative Medicine Practice
    • Vibrant Health at Winchester / Alternative Medicine Practice
    • Virginia Farm Bureau Insurance Company / Insurance Agency
    • Shenandoah Optical, Winchester Office / Physician
    • NSEAC / Charitable Organization / Social Service Agency

    Property Details for 125 Prosperity Dr

    Year built
    2000
    Lot size
    3.00 lot acres
    Property size
    20,494 SF
    Zone code
    RESTRICTIVE BUSINESS
    Property type
    Commercial real estate
    APN
    75A-2G
    APU
    75A2G

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,447,000
      Market price range: $813k - $3.94M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Frederick
    State
    Virginia
    Longitude
    -78.1998
    Latitude
    39.1181
    CBSA code
    49020
    CBSA name
    WINCHESTER, VA-WV METROPOLITAN STATISTICAL AREA

    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
    $10,558
    $1,501,500
    $2,638,800
    $4,140,300
    -
    $1,501,500
    $2,638,800
    $4,140,300

    Comparable in this City

    • Value Estimation by Request
      1.38 Acres

      1105 Millwood Pike

      Land • 1.38 Acres
      1105 Millwood Pike, Winchester, VA 22602
      View Details
    • Value Estimation by Request
      2.38 Acres

      Prosperity Dr

      Commercial real estate • 2.38 Acres
      Prosperity Dr, Winchester, VA 22602
      View Details
    • Value Estimation by Request
      2,600 SF

      741 Airport Rd

      Commercial real estate • 2,600 SF
      741 Airport Rd, Winchester, VA 22602
      View Details
    • Value Estimation by Request

      1694 Berryville Ave

      Manufacturing properties
      1694 Berryville Ave, Winchester, VA 22602
      View Details
    • Value Estimation
      $2,340,000
      25,318 SF

      1019 Millwood Pike

      COMMERCIAL (GENERAL) • 25,318 SF
      1019 Millwood Pike, Winchester, VA 22602-4311
      View Details
    • Value Estimation by Request
      1,750 SF

      130 Windy Hl Ln Ste, Unit 7

      COMMERCIAL (GENERAL) • 1,750 SF
      130 Windy Hl Ln Ste, Winchester, VA 22602-4303
      View Details

    Similar Nearby for Sale

    • $1,471,000
      3.64 Acres

      Winchester Commercial Land - Lot 201G

      3.64 Acres, B-2 Zoning, Prime Location
      1985 Senseny Rd, Winchester, VA 22602
      View Details
    • Contact for pricing
      5.30 Acres

      Winchester Commercial Land Opportunity

      5.3-acre I-81 frontage, prime location.
      740 Front Royal Pike -, Winchester, VA 22602
      View Details
    • $2,700,000

      Winchester, VA Multi-Tenant Office Complex

      15,000 SF, 100% Occupied, Triple Net Leases
      252 Airport Rd, Winchester, VA 22602
      View Details
    • Contact for pricing
      1.70 Acres

      Prime Commercial Land, Winchester, VA

      1.7-10.4 Acres, US 11 Access
      0 Renaissance Dr, Stephens City, VA 22602
      View Details
    • Contact for pricing
      115.00 Acres

      Winchester, VA Commercial Land

      115 acres, mixed-use development potential.
      740 Front Royal Pike, Winchester, VA 22602
      View Details
    • $635,000
      2,600 SF

      Winchester Airport Hangar - For Sale

      Premium Hangars, Convenient Location, Low Taxes
      741 Airport Rd, Winchester, VA 22602
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Stephens City Commercial Land Parcels

      Prime Commercial Land, 1.7-10.4 Acres
      0 Renaissance Dr, Stephens City, VA 22602
      View Details
    • $1,750 /Mo
      1,173 SF

      Third-Floor Condo Near Downtown

      Condo with new appliances, hardwoods, and private patio near downtown.
      151 Brookland Ter, Winchester, VA 22602
      View Details
    • $2,816 /Mo

      Retail/Office Units For Lease

      Two adjoining retail/office units available for lease.
      3349 Winchester Dr, Winchester, VA 22602
      View Details
    • $12 SF/Yr
      232,175 SF

      Turn Key Office Space

      3088 SF office space available for lease in Winchester, VA.
      252 Airport Rd, Winchester, VA 22602
      View Details
    • Contact for pricing
      13,440 SF

      Retail Space in Winchester, VA

      Strategically located shopping center with anchor and shop space available.
      1090 Millwood Pike, Winchester, VA 22602
      View Details
    • Contact for pricing
      3,140 SF

      Retail Space in Winchester, VA

      Strategically located shopping center with anchor and shop space available.
      175 Front Royal Pike, Winchester, VA 22602
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    125 Prosperity Dr
    Winchester, VA 22602-5385
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.