Property summary
Triangle Plaza Shopping Center, located at 185 Old Courthouse Rd, Appomattox, VA 24522, presents a compelling investment opportunity. This 79,000 square foot, Class B shopping center sits on a 9.6-acre lot at a high-traffic four-way intersection (Oakville Road and Old Courthouse Road), boasting over 16,000 vehicles passing daily. The property, built between 1970 and 1980 and renovated in 2024, features a single, two-story building with 17 units and 78,000 net rentable square feet, currently… 95% occupied by 18 tenants, including Family Dollar. The asking price is $3,200,000, representing a price per square foot of $40.51 and a pro-forma cap rate of 3.17%. The property generates a pro-forma NOI of $101,301. The existing leases are modified, offering potential for increased revenue through conversion to standard market leases. The B2 zoning allows for a wide range of commercial uses. Ample parking is provided at a ratio of 5 spaces per 1,000 square feet. The property includes a prominent roadside pylon sign and benefits from a ground lease. This offering comprises two tax parcels: an 8.535-acre parcel containing the retail building and a separate 1.115-acre undeveloped parcel. The property's strong occupancy and location make it an attractive investment with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
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 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 8.54 ac
- APN
- 64A2 A 31
- Assessed value · 2024
- $1,208,700
- Annual tax · 2024
- $13,912
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.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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 any signals we can model, to 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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- Full Property Data
- Historical Records
- Value Estimation
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- Alternative use
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