Financial
Distress signals
Property profile

7002 George Washington Memorial Hwy Gloucester, VA 23061

OFF-MARKET
Office buildings
Property ID
US87-1446691
1,096 SF 0.52 ac lot Built 1965
Last sale Jan 2026 · $355,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A commercial office building located in Gloucester Courthouse, zoned B1, situated on a parcel of over one-half acre on Route 17/George Washington Memorial Highway between a 7-Eleven and Lockwood Carpet. The site is positioned less than one mile from retail and service amenities including Walmart and Home Depot/Lowe’s. The property is configured for office and related services and is suitable for uses permitted within the B-1 zoning district, including attorney’s offices, day care centers, and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$457k
Assessed land$380k
Assessed improvement$77k
Effective rate0.58%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$275k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$123 – $189
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
S: On September 3, 2024 the Board of Supervisors voted unanimously to adopt the Zoning Ordinance Update. Zoning Ordinance Update Adopted ...
General categoryCOMMERCIAL
JurisdictionGLOUCESTER

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.8
Watch Repair Shop8.6
Dry Cleaner8.2

Location

7002 George Washington Memorial Hwy Gloucester, VA 23061-5133
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7210 Main, Gloucester, VA 23061-5128 $290,000 Sep 2024 1,680 SF
George Wash Memorial, Gloucester, VA 23061 $250,000 Oct 2022 1,648 SF
7324 Blair, Gloucester, VA 23061-5503 $125,000 Oct 2018 884 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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