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Property profile & analytics
FOR SALE
Hotels
1329 Commerce Rd Staunton, VA 24401
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-2582637
For Sale
1 / 77
$2,790,000
1329 Commerce Rd, Staunton, VA 24401
View Listing →
Property summary
AI-generated overview
Exceptional investment opportunity: Batten Green, a luxury inn and event venue in Staunton, Virginia, is offered at $3,450,000. This fully remodeled (2023) property boasts 9,080 square feet on 12.2 acres, featuring a 3-bedroom manor house, a studio cottage, and an 8-suite guesthouse, accommodating up to 28 guests. Additional capacity is provided by a 60x80-foot tent and an indoor event space, suitable for weddings of up to 250 attendees. The property benefits from a strong existing event booking schedule extending into 2025 and numerous 5-star reviews. Its operational design prioritizes automation and ease of management, making it ideal for both portfolio expansion and owner-operator ventures. Conveniently located 5 minutes north of downtown Staunton and a mile from I-81, the property enjoys a picturesque setting amidst rolling pastures with mountain views. The B2 zoning allows for flexibility, and the property is serviced by public sewer and water. Ample space exists for future expansion of lodging or event facilities. A virtual 3D tour is available online.
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1926
Total area
3,970 SF
Lot
11.74 ac (511,394 SF)
Zoning code
B2
APN
10446
UPID
US87-2582637
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
Current use
Occupant on record · Public records
-
Batten Green Venue & Lodging Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.67M
Owner & transaction history
1329 Commerce Road LLC · 3 yrs held
1329 Commerce Road LLC
since 2022
Last sale
$1.7M
3 recorded transactions
Zoning & alternative use
B2 · Staunton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Staunton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Staunton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,700,000
ML approach
$1,775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.67M
Range $1.50M – $1.83M · ±10% · vs last sale $1.65M (Oct 18 2022)
Last sale anchor
$1.65M
Oct 18 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$419 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,440
Tax year 2023
Assessed value
$1,510,100
Assessed 2024
Previous assessed
$1,510,100
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$157,400
Assessed improvement
$1,352,700
Land market value
$157,400
Improvement market value
$1,352,700
Total market value
$1,510,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
For Sale
Year built
1926
Cooling
YES
Rooms
10
Total area
3,970 SF
Lot
11.74 ac (511,394 SF)
Zoning code
B2
APN
10446
UPID
US87-2582637
Jurisdiction
STAUNTON CITY
Zoning & alternative use
B2 · Staunton, VA
Zoning B2 · permitted uses
B2 · Staunton, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Staunton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1926
Cooling
Yes
Rooms
10
Lot
11.74 ac
Current owner
From public records · entity-resolved
1329 Commerce Road LLC
Entity
Mailing address
15 PRIMROSE CT, WAYNESBORO, VA 22980-8373
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2022
$1,650,000
1329 Commerce Road LLC
River Realms LLC
Deed
$1,499,999 · Dupont Community Cu
Mar 2, 2021
$1,060,000
Thicket Ridge LLC
Westshire Enterprises INC
Trustees Deed
related
—
Aug 11, 2020
—
Westshire Enterprises INC
Shenandoah Lodging Resources LLC
Correction Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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