Property profile

257 Toll House Rd Maurertown, VA 22644

OFF-MARKET
Commercial real estate
Property ID
US87-1863532
15,230 SF 2.26 ac lot Built 1972
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 15,465 square-foot former assisted living and memory care facility presents a remarkable investment opportunity in the heart of Virginia's Shenandoah Valley. Located at 257 Toll House Rd, Maurertown, VA 22644, this property sits on a picturesque 3.42-acre lot (three parcels combined) along historic US Route 11, offering convenient access to Interstate 81 and 66. Built in 1980, the facility boasts 29 bedrooms—19 for assisted living and 10 for memory care—with a capacity for up to 52 residents. The property is zoned R2 (Medium-Density Residential) and includes all furniture, furnishings, and equipment. Priced at $1,190,000 (significantly below tax assessment, at $77 per square foot), this represents a compelling value proposition for investors and operators seeking to enter or expand within the senior living and healthcare sectors. Public utilities are available, and the property is ready for immediate occupancy. Its proximity to Winchester, Front Royal, and Woodstock, along with convenient access to healthcare centers, shopping, and recreational amenities, ensures a desirable location for residents and their families. This is a turnkey opportunity to acquire a well-established facility in a highly sought-after area. The APN is 034 A 055, 034 A 086, 034 A 087.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1972
Total area 15,230 SF
Lot 2.26 ac (98,489 SF)
APN 034 A 055
UPID US87-1863532

Cap rate & NOI

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

Location

257 Toll House Rd Maurertown, VA 22644-2537
Maurertown metro Census 40300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$460k

Owner & transaction history

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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