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    19959 Fort Valley Rd Strasburg, VA 22657
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    19959 Fort Valley Rd, Strasburg, VA 22657

    View on Map
    • Fitness centers & gyms
    • 8,500 SF
    Off-Market
    Property ID
    US87-1871838
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fitness centers & gyms

    Property Details for 19959 Fort Valley Rd

    Year built
    1900
    Property type
    Fitness centers & gyms
    Property subtype
    Churches & religious facilities

    Description

    "Welcome to 19959 Fort Valley Road, Warren County, VA! This exceptional property boasts an expansive sports arena, perfect for enthusiasts and entrepreneurs alike. Situated on a generous lot, this listing also includes an additional building lot, offering endless possibilities for development and ex ... pansion. The sports arena is the centerpiece of this property, providing ample space for various recreational activities, events, or even potential business ventures. Whether you're passionate about baseball, soccer, or speed and agility training, this versatile arena can accommodate it all. With its high ceilings and lots of useable space. Exterior Walls also open up like garage doors. Building is equipped with Full kitchen, Bathrooms and showers. In addition, there is also a church that is currently vacant, 2 concession stands, smoke house and pond on the property. Beyond the arena and Church, the extra building lot presents an exciting opportunity for further customization. Whether you envision adding more amenities, expanding the existing structures, or creating an entirely new space, this additional parcel of land provides the canvas for your dreams to become reality. Located in scenic Warren County, VA, this property offers the perfect blend of rural tranquility and accessibility. Enjoy the beauty of the surrounding landscape while still being conveniently close to major roads, amenities and national forest. Currently property is zoned Agriculture, and has a Conditional Use Permit for a commercial Outdoor Recreational Operation. The CUP does convey to the next owner. Priced below tax assessment, and lease in place that is creating cash flow! Don't miss out on this rare chance to own a property with such immense potential. Whether you're an investor, a sports enthusiast, or someone with a vision for the future, 19959 Fort Valley Road is ready to fulfill your aspirations. Schedule a viewing today and start imagining the possibilities!"

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Strasburg
    County
    Shenandoah
    State
    Virginia
    Longitude
    -78.2905305
    Latitude
    38.9633913

    Comparable in this City

    • $2,100,000
      Pending

      Multifamily and Recreational Opportunity

      Apartment building and recreational center with high potential.
      35 Signal Knob Dr, Strasburg, VA 22657
      View Details
    • $1,200,000
      2.96 Acres

      Prime Commercial Site in Strasburg

      2.96-acre commercial land with highway zoning and high visibility.
      33407 Old Valley Pike, Strasburg, VA 22657
      View Details
    • $3,400,000
      13.13 Acres

      Prime Commercial Site on Highway

      13.13-acre commercial site with highway frontage and excellent visibility.
      Old Valley Pike, Strasburg, VA 22657
      View Details
    • Contact for pricing

      Highway Commercial Land For Sale

      2.96-acre commercial site with highway access and rental income.
      33407 Old Valley Pike, Strasburg, VA 22657
      View Details
    • Contact for pricing
      0.47 Acres

      Strasburg Commercial Land For Sale

      0.47 acre commercial land for ground lease or build-to-suit.
      119 Hite Ln, Strasburg, VA 22657
      View Details

    Similar Nearby for Sale

    • $2,100,000
      Pending

      Multifamily and Recreational Opportunity

      Apartment building and recreational center with high potential.
      35 Signal Knob Dr, Strasburg, VA 22657
      View Details
    • $1,200,000
      2.96 Acres

      Prime Commercial Site in Strasburg

      2.96-acre commercial land with highway zoning and high visibility.
      33407 Old Valley Pike, Strasburg, VA 22657
      View Details
    • Contact for pricing

      Highway Commercial Land For Sale

      2.96-acre commercial site with highway access and rental income.
      33407 Old Valley Pike, Strasburg, VA 22657
      View Details
    • Contact for pricing
      0.47 Acres

      Strasburg Commercial Land For Sale

      0.47 acre commercial land for ground lease or build-to-suit.
      119 Hite Ln, Strasburg, VA 22657
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      187,000 SF

      Warehouse Space with Trailer Storage

      Distribution facilities featuring multiple loading options and trailer storage.
      2 Shenandoah Valley Dr, Strasburg, VA 22657
      View Details
    • Contact for pricing
      137,000 SF

      Distribution Facilities with Loading Docks

      Distribution facilities offering multiple loading options and trailer parking.
      1 Shenandoah Valley Dr, Strasburg, VA 22657
      View Details
    • $15 SF/Yr

      Strasburg Auto Repair Facility Available

      Auto repair facility with two bays and road frontage.
      294 Front Royal Rd, Strasburg, VA 22657
      View Details
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    Strasburg, VA 22657
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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