Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    331 Braddock St Winchester, VA 22601-3919

    • Residential income homes
    • 4,516 SF
    • 0.22 lot acres
    OFF-MARKET
    Last Sale
    Jun 26, 2023
    Value Estimations
    $845,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-0886615
    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

    • Residential income homes

    Property Details for 331 Braddock St

    Year built
    1863
    Lot size
    0.22 lot acres
    Property size
    4,516 SF
    Zone code
    HR1
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    173-01-B- 7-
    APU
    17301B7

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $921,000
      Market price range: $425k - $922k
      AI Estimate
      $771,000
      Market price range: $478k - $772k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $675,000
      Current use
      COMMERCIAL (GENERAL)
      $960,000
      Change: +43% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Winchester City
    State
    Virginia
    Longitude
    -78.1659
    Latitude
    39.1884
    CBSA code
    49020
    CBSA name
    WINCHESTER, VA-WV METROPOLITAN STATISTICAL AREA

    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
    2024
    $7,282
    $110,000
    $767,300
    $877,300
    -
    $110,000
    $767,300
    $877,300

    Comparable in this City

    • Value Estimation by Request
      1,609 SF

      564 Loudoun St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,609 SF
      564 Loudoun St, Winchester, VA 22601-4854
      View Details
    • Value Estimation by Request
      1,068 SF

      107 Germain St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,068 SF
      107 Germain St, Winchester, VA 22601-4629
      View Details
    • Value Estimation by Request
      2,048 SF

      417 Gray Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,048 SF
      417 Gray Ave, Winchester, VA 22601-5241
      View Details
    • Value Estimation by Request
      2,478 SF

      117 Leicester St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,478 SF
      117 Leicester St, Winchester, VA 22601-4615
      View Details
    • Value Estimation
      $535,000
      2,416 SF

      422 Braddock St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,416 SF
      422 Braddock St, Winchester, VA 22601-3922
      View Details
    • Value Estimation by Request
      2,363 SF

      707 Braddock St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,363 SF
      707 Braddock St, Winchester, VA 22601-4052
      View Details

    Similar Nearby for Sale

    • $2,490,000

      Winchester Multifamily Investment Opportunity

      16-unit apartment building near community park, 100% occupied.
      600 Smithfield Ave, Winchester, VA 22601
      View Details
    • $2,490,000

      16-Unit Apartment Building Near Park

      Fully occupied apartment building with long-term tenants and off-street parking.
      600 Smithfield Ave, Winchester, VA 22601
      View Details
    • $1,850,000

      Remodeled Multi-Unit Property with Income

      Completely remodeled multi-unit property with significant rental income potential.
      908 Cedar Creek Grade, Winchester, VA 22601
      View Details
    • $2,900,000

      Winchester Multifamily Investment Opportunity

      Two buildings with twelve townhouse units, fully occupied.
      525-527 Gray Ave, Winchester, VA 22601
      View Details
    • $499,000

      Approved Mixed-Use Development Opportunity

      Approved mixed-use site plan in downtown Winchester, Virginia.
      1 N Braddock St, Winchester, VA 22601
      View Details
    • $3,150,000
      11,000 SF

      Gray Ave Apartments: Winchester, VA

      12-unit apartment building, high occupancy.
      525-527 Gray Ave, Winchester, VA 22601
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo

      Industrial Lot for Lease

      One-acre fenced industrial lot available for lease.
      629 N Cameron St N, Winchester, VA 22601
      View Details
    • $2,500 /Mo

      Industrial Lot for Lease

      One-acre fenced industrial lot for lease in Winchester City.
      629 N Cameron St N, Winchester, VA 22601
      View Details
    • $1,500 /Mo
      8,276 SF

      Downtown Winchester Office Space Available

      Office space in downtown Winchester business district, convenient location.
      112 N Cameron St, Winchester, VA 22601
      View Details
    • $12 SF/Yr
      17,580 SF

      Downtown Winchester Office Space

      17,580 SF Office, Prime Location
      50 Cameron St, Winchester, VA 22601
      View Details
    • $15 SF/Yr
      11,761 SF

      Downtown Winchester Office Space Available

      Prestigious office building in the heart of downtown Winchester.
      38 Rouss Ave, Winchester, VA 22601
      View Details
    • $16 SF/Yr

      Renovated Suites in Winchester, VA

      Newly renovated suites suitable for retail or office use.
      2014 Loudoun St S unit B C, Winchester, VA 22601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    331 Braddock St
    Winchester, VA 22601-3919
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!