Property profile

16222 Vly Pike New Market, VA 22844

OFF-MARKET
Office buildings
Property ID
US87-3060795
3.5 ac lot Built 1947
Individually Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1947
Lot 3.5 ac (152,591 SF)
Zoning code GEN AGRICULTURAL DIST
APN 42-(5)- L1
UPID US87-3060795

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16222 Vly Pike New Market, VA 22844-4062
New Market metro Census 10400 HARRISONBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

GEN AGRICULTURAL DIST · New Market, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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