Property profile

325 Queen St Tappahannock, VA 22560

OFF-MARKET
Industrial properties
Property ID
US87-3287438
1,632 SF 0.14 ac lot Built 1903
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 325 Queen Street in the heart of Tappahannock, Virginia, presents a fantastic investment opportunity. Priced at $227,500, this well-built property offers versatile space ideal for either office or retail use. Currently operating as office space, it benefits from a high-traffic location, situated directly adjacent to a popular local burger restaurant, ensuring excellent visibility and foot traffic. The building itself boasts a comfortable, home-style atmosphere, creating a welcoming environment for clients and employees. The property's central Tappahannock location provides easy access to local amenities and a strong customer base. This is an excellent chance to expand a rental portfolio or establish a business in a thriving community. The property is situated on a lot with zero acres. While the exact square footage is not currently available, the building offers ample space suitable for a variety of commercial uses. Don't miss this chance to acquire a well-positioned commercial property in a desirable location. Serious inquiries are encouraged.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1903
Total area 1,632 SF
Lot 0.14 ac (6,316 SF)
Zoning code CC1
APN 32B 14 L 8
UPID US87-3287438

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
  • (Bike/Boat/Book/etc) Store

Location

325 Queen St Tappahannock, VA 22560-2316
Tappahannock metro Census 950700
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

Zoning & alternative use

CC1 · Tappahannock, 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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