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Property profile & analytics
FOR SALE
Commercial real estate

15711 Ira Hoffman Ln Culpeper, VA 22701

2,038 SF 2.78 ac lot Built 1974
Individually Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US87-3814151
15711 Ira Hoffman Ln, Culpeper, VA 22701 For Sale
$1,225,000 2,038 SF
15711 Ira Hoffman Ln, Culpeper, VA 22701
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Property summary
AI-generated overview

This exceptional 2,038 square foot office building is strategically located on a 2.78-acre corner lot at 15711 Ira Hoffman Lane in Culpeper, Virginia. The property enjoys unparalleled visibility and accessibility due to its position within Culpeper's burgeoning new commercial hub. Its prime location offers immediate proximity to a wide array of national retailers and restaurants, including Lowe's, TJ Maxx, Big Lots, Planet Fitness, Five Below, Walmart Supercenter, Target, Dick's Sporting Goods, Staples, PetSmart, Martin's grocery store, Panera Bread, Chipotle, Ruby Tuesday, Chili's, and Starbucks. The high traffic volume on Ira Hoffman Lane, a major thoroughfare, ensures significant exposure for any business operating from this location. Furthermore, the property benefits from the presence of major new housing developments in the immediate vicinity, guaranteeing a robust and growing customer base. This presents a unique opportunity for businesses seeking a high-visibility location within a thriving commercial area experiencing significant growth and development. The substantial 2.78-acre lot provides ample space for expansion or future development. This property is ideally suited for a variety of commercial uses and represents a compelling investment opportunity in a rapidly expanding market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1974
Total area 2,038 SF
Lot 2.78 ac (121,097 SF)
Zoning code C2
APN 41- - - - 72-A
UPID US87-3814151
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sunset Finl · 12 yrs held
Sunset Finl
since 2014
5 recorded transactions
2014
$975,300
2008
$1.2M
2006
Price N/A
2004
$288,000
1969
Price N/A
Zoning & alternative use
C2 · Culpeper, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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