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    Property profile & analytics

    511 Royal Ave Front Royal, VA 22630-2709

    • Turn key restaurants
    • 1,600 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $515,000
    Last Sale
    May 14, 2024
    Location Intelligence
    Property ID
    US87-1861549
    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

    • Studio Verde / Beauty Salon / Health And Beauty Shop
    • Little Caesars Pizza / Pizza Delivery / Pizza Takeout
    • Little Caesars / Pizza Restaurant

    Property Details for 511 Royal Ave

    Year built
    1977
    Lot size
    0.21 lot acres
    Property size
    1,600 SF
    Zone code
    C1
    Property type
    Turn key restaurants
    APN
    20A5 619 5A
    APU
    20A56195A

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Front Royal
    County
    Warren
    State
    Virginia
    Longitude
    -78.1936
    Latitude
    38.9255
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    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
    2024
    $1,697
    $90,000
    $256,300
    $346,300
    -
    $90,000
    $256,300
    $346,300

    Comparable in this City

    • Value Estimation
      $515,000
      3,924 SF

      138 14th St

      RESTAURANT • 3,924 SF
      138 14th St, Front Royal, VA 22630-3608
      View Details
    • Value Estimation
      $360,000
      2,758 SF

      22 14th St

      RESTAURANT • 2,758 SF
      22 14th St, Front Royal, VA 22630-3606
      View Details
    • Value Estimation
      $575,000
      2,894 SF

      412 Ss St

      RESTAURANT • 2,894 SF
      412 Ss St, Front Royal, VA 22630-2116
      View Details
    • Value Estimation
      $830,000
      4,684 SF

      865 John Marshall Hwy

      RESTAURANT • 4,684 SF
      865 John Marshall Hwy, Front Royal, VA 22630-4578
      View Details
    • Value Estimation
      $340,000
      2,475 SF

      205 Main St

      RESTAURANT • 2,475 SF
      205 Main St, Front Royal, VA 22630-3397
      View Details
    • Value Estimation
      $555,000
      2,844 SF

      200 Remount Rd

      RESTAURANT • 2,844 SF
      200 Remount Rd, Front Royal, VA 22630-2145
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $33 SF/Yr
      2,699 SF

      Retail/Office/Restaurant Building For Lease

      2,699 SF retail/office/restaurant building on 1 acre for lease.
      W 14Th St, Front Royal, VA 22630
      View Details
    • New
      $8,000 /Mo
      30,056 SF

      Prime Commercial Location, Front Royal

      High-visibility commercial property suitable for retail, restaurant, or office.
      865 John Marshall Hwy, Front Royal, VA 22630
      View Details
    • Contact for pricing
      80,000 SF

      Retail Space Near Major Anchors

      Retail suites and restaurant space available near I-66 and I-81.
      10-40 Riverton Commons Dr, Front Royal, VA 22630
      View Details
    • $5,999 /Mo

      Retail/Office/Restaurant Building For Lease

      2,699+-sf retail/office/restaurant building on 1 acre for lease.
      22 W 14Th St, Front Royal, VA 22630
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    • Contact for pricing
      1,275 SF

      Anchored Shopping Center Retail Space

      Retail space available in Front Royal's main shopping center.
      419-477 South St, Front Royal, VA 22630
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    • Contact for pricing
      1,600 SF

      Retail Space Near Walmart, Lowes

      Retail space with excellent visibility near major traffic routes.
      50 Riverton Commons Dr, Front Royal, VA 22630
      View Details
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    511 Royal Ave
    Front Royal, VA 22630-2709
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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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