Property profile

250 Stuart Ave Elkton, VA 22827

OFF-MARKET
Banks
Property ID
US87-3069915
0.8 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This 2,982 square foot former bank branch, situated on a 0.79-acre lot at the signalized intersection of W Spotswood Trail and S Stuart Avenue (US Route 340) in Elkton, Virginia, presents a unique opportunity. The property boasts a convenient two-lane drive-thru and ample parking with 26 surface stalls. Built in 1990, this single-story Class B building is currently vacant and offers flexibility for renovation or build-to-suit options. Its B-1 (Downtown Business District) zoning allows for a variety of commercial uses, including retail, restaurants, and offices. The property benefits from high visibility due to its location on a primary north-south highway and its proximity to Spotswood Trail (US Route 33), a major east-west thoroughfare. Surrounding complementary businesses include Exxon, Dairy Queen, Pizza Hut, McDonald's, and 7-Eleven, enhancing the site's appeal. The property features three curb cuts, ensuring excellent ingress and egress. Annual property taxes are $1.40 per square foot. This exceptional location, combined with the building's adaptable space and strong visibility, makes it an ideal investment for a variety of commercial ventures. The property's APN is 131B1-A-63. The zip code is 22827.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Lot 0.8 ac (35,022 SF)
Zoning code GENERAL BUSINESS DIST
APN 131B1-(A)- L63
UPID US87-3069915

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
  • Loan Service Bank
  • Atm

Location

250 Stuart Ave Elkton, VA 22827-1533
Elkton metro Census 10200 HARRISONBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2025
Last sale
$575,000
3 recorded transactions
2025
$575,000
2022
$150,000
2011
Price N/A

Zoning & alternative use

GENERAL BUSINESS DIST · Elkton, 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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