Property profile

246 Arch Ave Waynesboro, VA 22980

OFF-MARKET
Commercial real estate
Property ID
US87-2472544
3,000 SF 0.26 ac lot
Individually Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 3,000 SF
Lot 0.26 ac (11,238 SF)
Zoning code C-B
APN 45 1 4- 3
UPID US87-2472544

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
  • Church

Location

246 Arch Ave Waynesboro, VA 22980-4639
Waynesboro metro Census 3100 STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$170k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2022
Last sale
$150,000
1 recorded transaction
2022
$150,000

Zoning & alternative use

C-B · Waynesboro, VA
Zoning description

This district is established to encompass the retail, office and residential core of downtown Waynesboro and is established to encourage intense development and pedestrian activity through a mixture of uses appropriate t…

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 246 Arch Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message