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Property profile & analytics
OFF-MARKET
Retail space

29 Titus Dr Penn Laird, VA 22846-2027

1 ac lot Built 2008
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US87-3037604
Property summary
AI-generated overview

This exceptional 8,512 square foot commercial property, situated on a one-acre lot in Penn Laird, Virginia (APN: 126 11 L1), presents a unique investment opportunity. The two-story building, zoned B2, boasts a highly visible location on the desirable Route 33 corridor, experiencing an impressive Average Annual Daily Traffic (AADT) of over 24,000 vehicles. The property offers ample parking with handicap accessibility, ensuring convenient access for customers and employees. Its strategic location, just east of Harrisonburg and near popular destinations like Massanutten Resort, Shenandoah National Park, and Charlottesville, provides excellent exposure to a large customer base. The building features over 8,500 square feet of usable space, ideal for retail or showroom purposes, complemented by dedicated private office space. A striking open atrium connects the ground floor to the second floor, serving as a central focal point. Currently utilized for retail, the property's versatile design easily adapts to office use. This prime location offers significant potential for growth and profitability. The asking price is $1,425,000.

Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 2008
Lot 1 ac (43,560 SF)
Zoning code RURAL BUSINESS SERV DIST
APN 126F-(11)- L1
UPID US87-3037604
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Country Treasures (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Stnl Penn Laird LLC
Stnl Penn Laird LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
RURAL BUSINESS SERV DIST · Penn Laird, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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