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    Property profile & analytics

    26369 Lankford Hwy Cape Charles, VA 23310

    • Motels
    • 2,546 SF
    • 7.25 lot acres
    For Sale
    View listing
    $1,695,900
    Value Estimation
    Location Intelligence
    Property ID
    US87-2732450
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Motels

    Property Details for 26369 Lankford Hwy

    Year built
    1952
    Lot size
    7.25 lot acres
    Property size
    2,546 SF
    Property type
    Motels
    APN
    98-A-42
    APU
    98A42

    Description

    This exceptional 10,745 square foot retail property, situated on a generous 8.329-acre lot in Cape Charles, Virginia, presents a unique investment opportunity. Originally a beloved motor court motel, established in 1952, the property boasts 22 guest rooms, two suites, and a large apartment, offering significant potential for redevelopment or repurposing. The central office includes a sleeping room, and additional buildings include a laundry facility and storage shed. The property features 11 parking spaces and over 800 feet of highway frontage on US Route 13, ensuring high visibility and convenient access. Located in the Virginia Enterprise Zone, this property is eligible for economic development incentives, making it an attractive proposition for investors seeking to capitalize on its prime location and considerable expansion potential. The existing structure, with its vintage motor court design and individual room parking, retains its historical charm, while the central Rinnai hot water and PTAC HVAC units provide modern amenities. The property is zoned for commercial use and offers a rare blend of history, location, and development potential. This is a truly remarkable opportunity to acquire a substantial property in a desirable location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $340,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $285,000
      Retail
      $310,000
      Mixed-Use
      $270,000
      Hospitality
      $285,000
      Educational
      $365,000
      Residential Income
      $315,000
      Energy
      $335,000
      Income-Based Land
      $345,000
      Food Service
      $365,000

    Location Insight

    • Map
    • Local Demand
    City
    Cape Charles
    County
    Northampton
    State
    Virginia
    Longitude
    -75.9686
    Latitude
    37.2167

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,640
    $433,800
    $308,300
    $742,100
    -
    $433,800
    $308,300
    $742,100

    Comparable in this City

    • Value Estimation
      $440,000
      2.25 Acres

      28336 Lankford Hwy

      MOTEL • 2.25 Acres
      28336 Lankford Hwy, Cape Charles, VA 23310-1502
      View Details
    • Value Estimation
      $300,000
      4.25 Acres

      23054 Lankford Hwy

      MOTEL • 4.25 Acres
      23054 Lankford Hwy, Cape Charles, VA 23310-2112
      View Details
    • Value Estimation
      $1,500,000
      2.10 Acres

      26406 Lankford Hwy

      MOTEL • 2.10 Acres
      26406 Lankford Hwy, Cape Charles, VA 23310-5600
      View Details
    • Value Estimation by Request
      38.58 Acres

      32246 Lankford Hwy

      MOTEL • 38.58 Acres
      32246 Lankford Hwy, Cape Charles, VA 23310-1200
      View Details
    • Value Estimation
      $2,180,000
      3.87 Acres

      29106 Lankford Hwy

      MOTEL • 3.87 Acres
      29106 Lankford Hwy, Cape Charles, VA 23310-1518
      View Details
    • Value Estimation
      $255,000
      3,700 SF

      530 Randolph Ave

      BED & BREAKFAST • 3,700 SF
      530 Randolph Ave, Cape Charles, VA 23310-3304
      View Details

    Similar Nearby for Sale

    • $1,695,900
      10,745 SF

      Motel on 8.32 Acres

      Traditional motor court motel near Cape Charles on US Route 13.
      26369 Lankford Hwy, Cape Charles, VA 23310
      View Details
    • $79,900
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      Residential Land in Bay Creek

      Coastal living with resort-style amenities in Cape Charles, Virginia.
      00 Burford Ct, Cape Charles, VA 23310
      View Details
    • $69,000
      Pending

      Waterfront Land in Butlers Bluff

      Desirable waterfront community near Chesapeake Bay Bridge and Kiptopeke State-Park.
      BUTLER'S Blf Dr, Cape Charles, VA 23310
      View Details
    • $50,000
      0.70 Acres

      Vacant Lot Near Kiptopeke Park

      Vacant lot with septic near Kiptopeke State Park.
      4172 West Dr, Cape Charles, VA 23310
      View Details
    • $879,900
      1,836 SF

      New Construction Home in Bay Creek

      New 3BR home with garage near beach and amenities.
      411 Captain Orris Browne, Cape Charles, VA 23310
      View Details
    • $179,000
      0.14 Acres

      Land in Bay Creek Colony

      Homesite in Bay Creek with access to luxury amenities.
      140 Sunset Blvd, Cape Charles, VA 23310
      View Details
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    Cape Charles, VA 23310
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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