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Property profile & analytics
FOR LEASE
Commercial real estate

35058 Germanna Heights Dr Locust Grove, VA 22508

4,410 SF 0.8 ac lot Built 1989
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US87-0294562
Property summary
AI-generated overview

This exceptional retail pad site, located at 35058 Germanna Heights Drive in Locust Grove, Virginia, presents a unique investment opportunity. Situated on a sizable lot ranging from 2.7 to 3 acres, this property offers significant potential for development. The site is zoned for retail use and boasts a total land area of 8 acres, providing ample space for a variety of commercial ventures. Currently, there are two available spaces for lease, making it ideal for multiple tenants or a single large-scale operation. The property's address is 35058 Germanna Heights Dr, Locust Grove, VA 22508, within Orange County. Its convenient location offers excellent visibility and accessibility, ensuring high traffic flow and potential for strong customer engagement. The property is classified as a retail pad site for lease, with multiple tenancy options. This presents a rare chance to establish a thriving business in a growing community. The expansive lot size allows for substantial building development, accommodating various retail concepts and sizes. Interested parties are encouraged to explore the possibilities this prime location offers. The property's precise building square footage is currently listed as 1 square foot, however, this is likely a placeholder and should be verified independently. Serious inquiries are welcome.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Construction LOG
Total area 4,410 SF
Lot 0.8 ac (35,022 SF)
Zoning code C2 GENERAL COMMERCIAL
APN 012-00-00-00-0039-A
UPID US87-0294562
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
  • Funnel Cake Café, LLC Restaurant
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
Zlog LLC
Zlog LLC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
C2 GENERAL COMMERCIAL · Locust Grove, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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