Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,320,000
Commercial real estate
33820 Old Vly Pike Strasburg, VA 22657-3793
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-1836725
Property summary
AI-generated overview
This 15,682 sq ft, 100% occupied retail center in Strasburg, VA, offers a compelling investment opportunity. Located on Old Valley Pike with high visibility and traffic counts (14,000 VPD), the property benefits from its proximity to I-81 (60,000 VPD). The diverse tenant mix includes Thomas Family Dentistry, Valley Health Urgent Care, Winchester Foot & Ankle, Golden China, Allure Nail Spa, Strasburg Pharmacy, and Castiglias Italian Eatery, operating primarily under NNN leases, minimizing investor expenses. Built in 2008, this fee-simple property sits on a 2.02-acre lot and boasts a strong NOI of $298,386, resulting in a 7.00% cap rate and a price per square foot of $271.84. The asking price is $4,263,000. The property's strategic location near Shenandoah National Park and a dense concentration of quick-service restaurants further enhances its appeal and potential for continued success. The strong consumer base within a 5-mile radius, boasting an average household income of $80,493, supports the property's long-term viability. Lease terms vary. APN: 016 A 160 & 016 A 161.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Total area
7,279 SF
Lot
1.09 ac (47,437 SF)
APN
016 A 161
UPID
US87-1836725
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
-
Winchester Foot & Ankle Associates: Kushlak Paul DPM Physician
-
Anna Ennis-Martinez Physician
-
Valley Health Urgent Care Express | Strasburg Medical Clinic
-
Winchester Foot & Ankle Associates Medical Clinic
-
Chanda J. Wan, DPM Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.32M
Owner & transaction history
Cedar Creek Station LLC · 1 yrs held
Cedar Creek Station LLC
since 2025
Last sale
$3.8M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Strasburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Strasburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,920,000
ML approach
$4,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.32M
Range $3.89M – $4.75M · ±10% · vs last sale $3.78M (Jan 7 2025)
Last sale anchor
$3.78M
Jan 7 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$593 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,838
Tax year 2024
Assessed value
$1,068,500
Assessed 2024
Previous assessed
$1,068,500
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$379,500
Assessed improvement
$689,000
Land market value
$379,500
Improvement market value
$689,000
Total market value
$1,068,500
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2008
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
16
Bathrooms
8
Total area
7,279 SF
Lot
1.09 ac (47,437 SF)
APN
016 A 161
UPID
US87-1836725
Jurisdiction
SHENANDOAH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
16
Bathrooms
8
Lot
1.09 ac
Current owner
From public records · entity-resolved
Cedar Creek Station LLC
Entity
Mailing address
120 S STEWART ST, WINCHESTER, VA 22601-4108
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2025
$3,780,000
Cedar Creek Station LLC
Cedar Creek Station Strasburg LLC
Deed
$1,850,000 · Apple FCU
Jun 19, 2019
—
Cedar Creek Statoon Strasburg LLC
—
Deed
related
$1,750,000 · Union Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 33820 Old Vly Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
