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    Property profile & analytics

    3515 Main St Exmore, VA 23350

    • Retail space
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US87-3165546
    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

    • The Exmore Flea Market / Flea Market
    • Dave's Pets / Pet Store

    Property Details for 3515 Main St

    Year built
    1965
    Lot size
    1.00 lot acres
    Property type
    Retail space
    APN
    10A3-A-65
    APU
    10A3A65

    Description

    This exceptional 9,912 square foot retail property, located at 3515 Main St in Exmore, Virginia (zip code 23350), presents a multitude of investment opportunities. Situated on a 0.78-acre lot in Northampton County's Enterprise Zone, this commercially zoned building enjoys high visibility just off Highway 13, a major north-south artery on Virginia's Eastern Shore. Built in 1965, the property boasts a spacious open floor plan with large rooms, ideal for diverse uses. Currently configured to house a store, grooming business, and flea market, the possibilities are virtually limitless. A classic luncheonette with a wooden counter and a fully equipped commercial kitchen (including a six-burner range, griddle, two ovens, and refrigeration) is ready for immediate restaurant operation. Significant recent upgrades include a new HVAC unit and ductwork, 600-amp service, and energy-efficient LED lighting. Adding to the property's appeal is a popular freestanding fruit and vegetable stand with its own refrigeration, water, and electric meter, a proven revenue generator for previous owners. The property includes 11 parking spaces. A virtual tour is available online. This property offers a unique blend of existing income streams and significant potential for future growth. The property's location and versatile layout make it an attractive investment for a variety of commercial ventures.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $260,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $215,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $235,000
      Mixed-Use
      $205,000
      Hospitality
      $250,000
      Educational
      $215,000
      Residential Income
      $230,000
      Energy
      $250,000
      Income-Based Land
      $275,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Exmore
    County
    Northampton
    State
    Virginia
    Longitude
    -75.8251
    Latitude
    37.5256

    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
    2023
    $1,702
    $32,000
    $192,000
    $224,000
    -
    $32,000
    $192,000
    $224,000

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      3364 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1.00 Acre
      3364 Main St, Exmore, VA 23350
      View Details
    • Value Estimation by Request
      1.00 Acre

      3282 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1.00 Acre
      3282 Main St, Exmore, VA 23350
      View Details
    • Value Estimation by Request
      1,836 SF

      3306 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,836 SF
      3306 Main St, Exmore, VA 23350
      View Details
    • Value Estimation
      $60,000
      1.00 Acre

      3178 Lankford Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1.00 Acre
      3178 Lankford Hwy, Exmore, VA 23350
      View Details
    • Value Estimation by Request
      1.00 Acre

      2484 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1.00 Acre
      2484 Main St, Exmore, VA 23350
      View Details
    • Value Estimation by Request
      1.00 Acre

      3165 Thurgood Marshall Rd

      RETAIL STORES (PERSONAL SERVICES) • 1.00 Acre
      3165 Thurgood Marshall Rd, Exmore, VA 23350
      View Details

    Similar Nearby for Sale

    • New
      $112,000
      528 SF

      Exmore Commercial Property For Sale

      Half-acre commercial parcel with existing structure in Exmore, Virginia.
      4204 Lankford Hwy, Exmore, VA 23350
      View Details
    • $1,263,000
      5,600 SF

      Established Retail Property For Sale

      Retail property with long-term tenants and income growth potential.
      3527 Lankford Hwy, Exmore, VA 23350
      View Details
    • New
      $150,000
      2,015 SF

      Exmore Commercial Building on Main

      2,015 sq ft commercial building in downtown Exmore, Virginia.
      3270 Main St, Exmore, VA 23350
      View Details
    • $3,415,000
      5,300 SF

      Retail Center For Sale

      Three-tenant retail center with new Advance Auto under construction.
      3543 Lankford Hwy, Exmore, VA 23350
      View Details
    • Contact for pricing
      0.91 Acres

      Exmore Land For Sale

      Two lots zoned Agricultural, Rural, Business in Exmore, Virginia.
      11 Lankford Hwy, Exmore, VA 23350
      View Details
    • $77,500

      Land For Sale

      Land available for purchase.
      11 Peaceful Way, Exmore, VA 23350
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      5,000 SF

      Exmore Warehouse with Loading Dock

      5,000 SF warehouse space ideal for storage and distribution.
      6056 Seaside Rd, Exmore, VA 23350
      View Details
    • $1,113,000

      Commercial Land Pad Site Available

      Pad site available for ground lease on Lankford Highway.
      Lankford Hwy, Exmore, VA 23350
      View Details
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    3515 Main St
    Exmore, VA 23350
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    Realmo Value Estimation

    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.

    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.

    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
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