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Property profile & analytics
FOR SALE
Commercial real estate
409 Fritz St Damascus, VA 24236
Individually Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1779166
For Sale
1 / 57
$750,000
409 Fritz St, Damascus, VA 24236
View Listing →
Property summary
AI-generated overview
This thriving Damascus, VA, business, operating for over six years, is offered for sale at $360,000. The Wicked Chicken Winghouse & Tavern boasts a loyal customer base and is a community cornerstone. The extensive menu features renowned hot wings, appetizers, burgers, sandwiches, homemade sides, and gourmet cheesecakes, complemented by a full liquor and local craft beer selection. A separate ice cream shop adds to the property's appeal, perfectly situated for Creeper Trail cyclists. The restaurant and ice cream shop are available for lease at $5,000 per month; tenant responsible for taxes and insurance. The current owner is willing to assist with the transition. This turnkey operation presents a unique opportunity to acquire a well-established and profitable business in a desirable location. The property's prime location in the charming town of Damascus, VA, ensures continued success. The business is classified as Class C.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1957
Total area
2,974 SF
Zoning code
DAMASCUS
APN
172B4 1 10
UPID
US87-1779166
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
-
Wicked Chicken Winghouse and Tavern 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
James A Blevins · 14 yrs held
James A Blevins
since 2011
Last sale
$357,000
3 recorded transactions
Zoning & alternative use
DAMASCUS · Damascus, VA
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 Damascus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Damascus 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Property tax & assessments
Assessed value
$203,500
Assessed 2024
Previous assessed
$25,000
+714.0% YoY
Assessed land
$35,000
Assessed improvement
$168,500
Land market value
$35,000
Improvement market value
$168,500
Total market value
$203,500
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
For Sale
Year built
1957
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
2
Rooms
7
Bathrooms
2
Total area
2,974 SF
Zoning code
DAMASCUS
APN
172B4 1 10
UPID
US87-1779166
Jurisdiction
WASHINGTON
Zoning & alternative use
DAMASCUS · Damascus, VA
Zoning DAMASCUS · permitted uses
DAMASCUS · Damascus, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Damascus. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
2
Rooms
7
Bathrooms
2
Current owner
From public records · entity-resolved
James A Blevins
Individual
Free & Clear · 14 yrs held
Mailing address
24051 DRY BR RD, DAMASCUS, VA 24236-3739
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2022
—
Wicked Chicken LLC
—
Deed
related
$75,000 · The Bank Of Marion
Aug 23, 2011
$305,000
James A Blevins
Snodgrass,brenda E
Grant Deed
—
—
—
James A Blevins
—
Deed Of Trust
related
$244,000 · Bank Of Marion
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.
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