Property profile

517 Old Wright Shop Rd Madison Heights, VA 24572

OFF-MARKET
Retail space
Property ID
US87-2583387
7,720 SF 1.01 ac lot Built 1964
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Construction BRICK
Total area 7,720 SF
Lot 1.01 ac (43,996 SF)
Zoning code R2
APN 161C1 A 60
UPID US87-2583387

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
  • Atm
  • Crypto Atm Atm
  • Grocery & Convenience Store
  • Atm
  • Grocery & Convenience Store Food Market

Location

517 Old Wright Shop Rd Madison Heights, VA 24572-3672
Madison Heights metro Census 10600 LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2007
1 recorded transaction
2007
$200,000

Zoning & alternative use

R2 · Madison Heights, 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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