Property profile

2109 Vly Ave Winchester, VA 22601

OFF-MARKET
Other investment properties
Property ID
US87-0425934
1,059 SF 0.28 ac lot Built 1955
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property consists of a retail/office building configured for either an owner-operator use or multi-tenancy, with over 2,300 square feet of primary space and an additional approximately 330 square feet of attached storage. It is located in Winchester along a main corridor with frontage that provides visibility and is described as having a traffic count of about 14,000 vehicles per day. The site falls within the city’s Technology Zone and Enterprise Zone and is eligible for business incentive programs. Zoning is NDD, which permits mixed-use development including retail, office, and residential uses such as single-family, two-family, and multi-family dwellings. Off-street parking is provided for more than 15 vehicles, and the rear parking lot has been recently paved.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1955
Total area 1,059 SF
Lot 0.28 ac (11,979 SF)
Zoning code B2
APN 250-02- - 7-
UPID US87-0425934

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Business Management Consultant Antique Store

Location

2109 Vly Ave Winchester, VA 22601-2753
Winchester metro Census 202 WINCHESTER, VA-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

B2 · Winchester, VA
Zoning description

Thisdistrictis intended to provide sufficient space in appropriate locations for a wide variety of commercial and miscellaneous service activities, generally serving a wide area and located particularly along certain exi…

General category COMMERCIAL

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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