514 Aaron Mountain Rd Castleton, VA 22716
This exceptional mixed-use property in Castleton, Virginia, presents a unique investment opportunity. Spanning 9.04 acres, the property features three buildings totaling 2,664 square feet, priced at $213.10 per square foot. The main structure is a 60 x 100 open building with arched beams, two bathrooms, and a concrete floor. Three units provide heating and cooling. A separate masonry building, suitable for various uses, offers a full basement and an open upper floor with a full, cafeteria-style kitchen. A 24 x 36 masonry "bath house" includes bathrooms and a changing area. The property is zoned Agricultural (A), ideally suited for uses such as veterinary services, agricultural businesses, wineries, or breweries. Other potential uses, including multi-family, school, medical care facility, or residential care facility, may require special permits or exceptions. The buildings are in excellent condition, structurally sound, and well-constructed. Approximately two acres of the property are wooded, with the remainder open. This versatile property offers significant potential for a variety of businesses and presents a compelling investment opportunity in a desirable Virginia location. The property includes two units. The asking price is $567,700.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.