Property profile

37224 Richardson Lnd Purcellville, VA 20132

OFF-MARKET
Commercial real estate
Property ID
US87-3510567
1,929 SF 0.13 ac lot Built 1990
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,929 SF
Lot 0.13 ac (5,469 SF)
Zoning code PV:M1
APN 487-26-6475-004
UPID US87-3510567

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

37224 Richardson Lnd Purcellville, VA 20132-3502
Purcellville metro Census 610201 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
$370k
Comparable Approach Comparable
$441k
Blend (final) Blend
$520k

Owner & transaction history

since 2024
Last sale
$520,000
2 recorded transactions
2024
$520,000
2018
$225,670

Zoning & alternative use

PV:M1 · Purcellville, VA
Top alternative use upside
Retail stores $765,000 +40.6%
Warehouse, storage $650,000 +19.5%

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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