Property profile

2487 Hankey Mtn Hwy Churchville, VA 24421

OFF-MARKET
Turn key restaurants
Property ID
US87-3340077
16,031 SF 4.89 ac lot Built 1859
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This historic property in Augusta County was built in 1811 and originally served as a stagecoach stop and a Civil War infirmary. It is configured as a hospitality and event use facility with a total building size of 9,097 square feet across three floors and 24 rooms. The main portion includes six guest rooms, each with a private bath, along with an on-site bar and a farm-to-table tavern concept, and it features porches, fire pits, and a stage for outdoor use. A commercial kitchen includes a walk-in freezer, and there is an event/banquet room of approximately 1,400 square feet suited for gatherings. The third floor contains an innkeeper’s apartment of approximately 1,500 square feet with a kitchen, living room, bedrooms, and baths. The property sits on approximately 5 acres and borders the George Washington National Forest, and it is zoned GA (General Agricultural).

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1859
Total area 16,031 SF
Lot 4.89 ac (213,183 SF)
Zoning code GENERAL AGRICULTURE
APN 015A1 1 11
UPID US87-3340077

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
  • Medical Clinic
  • Restaurant

Location

2487 Hankey Mtn Hwy Churchville, VA 24421-2816
Churchville metro Census 70100 STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2021
Last sale
$360,000
1 recorded transaction
2021
$360,000

Zoning & alternative use

GENERAL AGRICULTURE · Churchville, 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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