Property summary
This exceptional 5,303-square-foot mixed-use commercial building, located at 132 W Laurel Ave in Damascus, Virginia, presents a fantastic investment opportunity. The property, built in 1954 and zoned C-1, sits on a 0.137-acre lot and boasts two storefronts, offering versatile potential for retail, office, or restaurant uses. Currently configured with a retail space, office, common area including public restrooms, and a substantial storage area, the building allows for flexible adaptation to… various business needs. The layout offers ample space for expansion. A significant upgrade was recently completed: the HVAC system was replaced less than a year ago. This prime corner location provides exceptional visibility and convenient parking on two sides. The asking price is $399,900, translating to $75.41 per square foot. Damascus's thriving tourism industry, fueled by the nearby Virginia Creeper Trail and Appalachian Trail, attracts over 200,000 visitors annually, creating a robust market for commercial ventures. The town's reputation as a premier outdoor destination, recently recognized as "Best Adventure Town" by Blue Ridge Outdoors, further enhances the property's investment appeal. This is a unique chance to own a piece of "Trail Town USA" and become part of this vibrant mountain community.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,436 SF
- Lot area
- 0.15 ac
- Year built
- 1931
- Stories
- 1
- APN
- 172B2 A 68
- Zoning
- DAMASCUS
- Assessed value · 2024
- $90,900
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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