Technical
Financial
Distress signals
Property profile

501 Augusta Ave Grottoes, VA 24441

OFF-MARKET
Turn key restaurants
Property ID
US87-3098638
0.72 ac lot Built 1967
Individually Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1967
Lot 0.72 ac (31,276 SF)
Zoning code GENERAL BUSINESS DIST
APN 160D4-(8)- L1
UPID US87-3098638

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Storage Facility

Location

501 Augusta Ave Grottoes, VA 24441-2513
Grottoes metro Census 12000 HARRISONBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2017
4 recorded transactions
2017
$300,000
2010
$285,000
2006
Price N/A
2005
Price N/A

Zoning & alternative use

GENERAL BUSINESS DIST · Grottoes, VA

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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